CoinVoice has recently learned that, according to the AAVE community governance proposal, the temperature check proposal to add PEPE as a supported asset on the Aave platform has passed with a support rate of 76.76%.

The proposal suggests introducing PEPE as collateral in the isolated market of Aave V3, aiming to expand the user base, drive the growth of the GHO stablecoin, and enhance the protocol's liquidation revenue. Subsequent risk parameters will be set by the risk service provider and will enter the ARFC and AIP processes.