Comment by @stani • Hey
GHO is over collateralized similar to the Aave markets
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That's good, but over-collateralised stablecoin's are still prone to de-pegging. Dai is roughly 150% over-collateralised and still de-pegged because of USDC. What does GHO do different that makes it safer than other over-collateralised stablecoins? Why should people place more trust into the safety of GHO more than any other over-collateralised stablecoin?
Ahaa I like that 😎
GHO is future bro
the over collateralization does not mean that it contains the peg, we can see it with the DAI which is overcollateralized and which has nevertheless lost its peg
for sure, GM bro🌈🚀
that is great, we should own our stable coin of crypto
we need it