Aave has introduced sGHO, a low-risk savings product called sGHO, through Aave Savings Rate (ASR). Users can earn interest on GHO through Aave's lending rates and borrowing incentives.
The sGHO savings product ensures stored GHO remains in smart contracts, reducing risks and offering yield from lending rates and borrowing incentives.
Besides sGHO, Aave has made other significant updates to their ecosystem, including tokenomics updates, new security measures, and integration with the Sonic blockchain for lending and borrowing activities.
Aave also implements a token buyback scheme and a new security system called 'Umbrella' to safeguard users from potential losses and maintain platform stability.