GHO’s 61% Supply Drop Reflects an Accounting Change
Key Highlights DefiLlama revised its $GHO circulating-supply calculation by excluding eligible unused reserves and unborrowed minter inventory. The reported supply fell from $699 million to $270 million on Nov. 13, without representing a comparable change in total token issuance. Aave users’ savings $GHO redemption process and the Ethereum borrowing rate were not changed by the ...