Lens Chain plans to adopt Aave’s stablecoin GHO as its native gas token

PANews reported on February 13 that according to The Block, the Layer2 SocialFi blockchain Lens Protocol developed by Aave developers said it will adopt a pegged GHO stablecoin as its native Gas token. This means that users who interact with Lens Chain, especially when conducting transactions or executing smart contracts, will use GHO to pay Gas fees instead of any other tokens. GHO is a decentralized, over-collateralized stablecoin launched by Aave Labs, whose value is stably pegged to the US dollar.

GHO is adopted as the native Gas token in Lens Chain, aiming to provide predictable and stable transaction fees. The team said: "The choice of GHO as the Gas token is both strategic and practical. Decentralized stablecoins like GHO provide transparency and predictable value." Aave Labs recently announced a framework for using GHO as a Gas token, and Lens Chain became one of the first Layer2 solutions to implement the framework. Both Lens and GHO were developed by developers of the lending protocol Aave, which is currently owned by Avara. GHO will be integrated as a Gas token through ZKsync's "shared bridge" and become the main liquidity cross-chain bridge for minting stablecoins on Layer2.

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Author: PA一线

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