SGR 25: stkGHO (Maturity March 2025) Gauge Listing Request

Gauge Request Presentation:

The previous LP-stkGHO market (that will reach Maturity in November 2024) got whitelisted for gauges with the acceptation of SGR 1

• Targeted Pair: LP-stkGHO (Maturity March 2025)
• Pool contract address: 0x9429E06FFD09Cf97007791B8bF3845171f1425E8
• IBT contract address: 0x1a88Df1cFe15Af22B3c4c783D4e6F7F9e0C1885d
• Spectra Wrapped IBT: 0xa94ec39c91DF334DCAb55aDaA8EdD9C1dAF67cA7
• Current TVL on in the Pair’s liquidity: $115k
• Current TVL as IBT: $117M
• Twitter link: GHO, AAVE
• chain : Ethereum mainnet

Simple summary:

The Aave Protocol is a decentralized liquidity protocol deployed across many EVM compatible networks including but not limited to Optimism, Arbitrum, Avalanche and Polygon. The Aave Protocol has over $20 Billion in TVL and $100M in annualized revenue.

GHO is a decentralized multi-collateral stable coin that is fully backed, transparent and native to the Aave Protocol.

The Aave DAO's stkGHO token represents users GHO deposits within the Aave Safety Module. stkGHO holders receive the base AAVE emission rewards and bonus GHO emission rewards by participating the Merit points program managed by the Aave Chan Initiative. The Merit program has an annualized budget of $20M with the majority of this to be used for promoting the adoption of GHO.

Metrics:

AAVE has 597.2k followers on X. The strategy’s estimated APR is 16.2%