Gho Monad Activation
01Summary
This AIP activates GHO stablecoin on the Monad blockchain by configuring Chainlink CCIP lanes for cross-chain transfers with a rate limit of 1,500,000 GHO capacity and 300 GHO per second, and setting up associated steward contracts to manage GHO distribution on Monad.
- Type
- protocol addition
Key changes
- Configure new Chainlink CCIP lanes between Monad and existing GHO chains with 1,500,000 GHO capacity and 300 GHO per second rate limit(high)
- Configure GhoCcipSteward contract on Monad(high)
- Configure GhoBucketSteward contract on Monad with initial CCIP Facilitator Bucket Capacity of 100,000,000 units(high)
- Deploy GhoToken, GhoTokenPool, GhoBucketSteward, GhoCcipSteward, and GhoAaveCoreSteward on Monad blockchain(high)
Generated by Kvorum
02Description
Simple Summary
This AIP proposes activating CCIP Lanes for GHO on the Monad blockchain.
Motivation
Monad’s pipelined EVM architecture delivers fast, high-throughput performance while remaining fully compatible with Ethereum, making it ideal for real-time financial applications. This directly supports the needs of neobanks and fintech platforms, which rely on quick transaction finality, scalability, and predictable costs.
Deploying GHO concurrently with the Aave instance on Monad ensures that GHO has every chance of becoming foundational to DeFi and payments infrastructure on a chain optimized for performance.
The goal is to establish GHO as a key stablecoin within Monad’s ecosystem from inception, facilitating reward programs, liquidity incentives, and seamless integration with the upcoming Aave deployment.
Specification
This AIP includes a series of actions required to launch GHO on Monad:
-
Configure new Chainlink CCIP lanes between Monad and the chains where GHO is launched with a rate limit of 1,500,000 GHO capacity and 300 GHO per second rate.
-
Configure GhoCcipSteward.
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Configure GhoBucketSteward.
The table below lists the address of the new Monad deployments
Contract Address GhoToken 0xfc421aD3C883Bf9E7C4f42dE845C4e4405799e73 GhoTokenPool 0xA5AE05b71c3F170E12E7620Fdf7679721aec1EC8 GhoBucketSteward 0xDe6539018B095353A40753Dc54C91C68c9487D4E GhoCcipSteward 0x360d8aa8F6b09B7BC57aF34db2Eb84dD87bf4d12 GhoAaveCoreSteward 0xA5Ba213867E175A182a5dd6A9193C6158738105A The initial CCIP Facilitator Bucket Capacity will be 100,000,000 units.
References
- Implementation: AaveV3Ethereum, AaveV3Avalanche, AaveV3Arbitrum, AaveV3Base, AaveV3Gnosis, AaveV3Plasma, AaveV3XLayer, AaveV3Ink, AaveV3Mantle, AaveV3Monad
- Tests: AaveV3Ethereum, AaveV3Avalanche, AaveV3Arbitrum, AaveV3Base, AaveV3Gnosis, AaveV3Plasma, AaveV3XLayer, AaveV3Ink, AaveV3Mantle, AaveV3Monad
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0xaca6…6fa0
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
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