Gho Plasma Launch
01Summary
This AIP proposes deploying GHO stablecoin on the Plasma blockchain by configuring Chainlink CCIP lanes for cross-chain transfers, setting up GhoCcipSteward and GhoBucketSteward contracts, and establishing GHO as a foundational asset in Plasma's DeFi ecosystem alongside Aave's deployment.
- Type
- protocol addition
Key changes
- Deploy GHO token and supporting contracts on Plasma blockchain(high)
- Configure Chainlink CCIP lanes between Plasma and existing GHO chains with 1.5M GHO capacity and 300 GHO per second rate limit(high)
- Configure GhoCcipSteward for cross-chain transfer management(high)
- Configure GhoBucketSteward for bucket management on Plasma(medium)
Notable concerns
- No funding amount specified in proposal
- Rate limit of 1.5M GHO capacity and 300 GHO per second requires monitoring
- Timing depends on Plasma network launch readiness
Generated by Kvorum
02Description
Simple Summary
This AIP proposes deploying GHO on the Plasma blockchain. The goal is to establish GHO as a key stablecoin within Plasma’s ecosystem from inception, facilitating reward programs, liquidity incentives, and seamless integration with the Aave deployment on Plasma.
Motivation
Plasma is a purpose-built, EVM-compatible Bitcoin sidechain designed specifically for stablecoin scalability, speed, and security—offering zero-fee USDT transfers, lightning-fast finality, and Bitcoin-anchored settlement.
The network is quickly approaching launch with substantial USDT liquidity and an institutional partnership with Aave, including active GHO support on the platform.
Deploying GHO concurrently with the Aave instance on Plasma ensures that GHO becomes foundational to DeFi and payments infrastructure on a chain optimized for stablecoin utility.
Specification
This AIP includes a series of actions required to launch GHO on Plasma:
- Configure new Chainlink CCIP lanes between Plasma and the chains where GHO is launched with a rate limit of 1.5M GHO capacity and 300 GHO per second rate.
- Configure GhoCcipSteward.
- Configure GhoBucketSteward
The table below lists the address of the new Plasma deployments
| Contract | Address |
|---|---|
| GhoToken | 0xb77E872A68C62CfC0dFb02C067Ecc3DA23B4bbf3 |
| GhoTokenPool | 0x360d8aa8F6b09B7BC57aF34db2Eb84dD87bf4d12 |
| GhoBucketSteward | 0x2Ce400703dAcc37b7edFA99D228b8E70a4d3831B |
| GhoCcipSteward | 0x20fd5f3FCac8883a3A0A2bBcD658A2d2c6EFa6B6 |
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The decoded on-chain action is a single, argument-less call to execute() on what appears to be an Aave governance payload contract. This is the standard pattern used in Aave AIPs: the governance executor calls execute() on a dedicated payload contract, and that contract's internal bytecode performs the actual granular steps (configuring CCIP lanes, GhoCcipSteward, GhoBucketSteward, etc.) via delegatecall. Because the calldata for this proposal only exposes the outer execute() call with no decoded internal arguments, it is not possible to directly verify the specific numeric parameters claimed in the description (1.5M GHO capacity, 300 GHO/second rate limit) or the exact steward configuration values against on-chain calldata alone. There is no evidence of contradiction — the single action is consistent with launching a multi-step payload as described — but the granular claims cannot be independently confirmed from this decoded data alone. Given the well-established nature of this pattern in Aave governance and the reference to a verified, audited implementation contract in the description, I do not flag this as a discrepancy, but I mark confidence as low because the specific numeric and configuration claims in the description cannot be directly cross-checked against the opaque execute() call in the calldata provided.'
Generated by Kvorum
04Actions
- Target
- 0xd7c7…a61c
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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