# Aave Deploys GHO On Base *The GHO stablecoin is now available natively on Base as part of Aave’s cross-chain strategy.* By [ETH Daily](https://ethdaily.io) · 2025-02-11 news, 2025, february2025 --- Quick Take ---------- * Aave launches GHO on Base. * Viem v2.23 release. * Holonym acquires Gitcoin Passport * EIP: Increase Gas Utilization Target * * * [ Aave Deploys GHO On Base ------------------------ Listen to this episode from Ethereum News on Spotify. Aave launches native GHO on Base. Viem releases v2.23. Holonym acquires Gitcoin Passport. And Ethereum developers propose to increase the gas utilization target. Read more: https://ethdaily.io/644 https://spotify.com ![](https://storage.googleapis.com/papyrus_images/e93a1de1e5ee0f644f67b52c9e2c0794.jpg) ](https://open.spotify.com/episode/32C6Bb8R8ysPX2aLB8Oyjk?si=M75xHs0TQp-AdIvgbc4khA) **Listen on:** [**Apple**](https://apple.co/3C3VWuL) | [**Spotify**](https://spoti.fi/407DJV5) | [**Castbox**](https://bit.ly/3C1jNuY) | [**YouTube**](https://bit.ly/40nD43d)  * * * Aave Deploys GHO On Base ------------------------ Aave [launched](https://x.com/aave/status/1889001386186068407) its GHO stablecoin natively on Base, enabling users to lend and borrow the dollar-pegged asset. The initial Aave supply cap for GHO is set at 2.5 million, with a borrow cap of 2.25 million. The Aave Chan Initiative (ACI) serves as the Emissions Manager, overseeing rewards and incentives for the stablecoin. The deployment aligns with Aave’s cross-chain strategy, using Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to facilitate a lock/burn and release/mint transfer mechanism for GHO. By integrating with existing DeFi protocols on Base, the initiative aims to improve GHO accessibility, liquidity, and adoption. Native GHO is already available on Ethereum Mainnet and Arbitrum One. Viem 2.23 Enhances Transaction Simulation ----------------------------------------- Wevm [released](https://github.com/wevm/viem/releases/tag/viem%402.23.0) Viem 2.23, an updated version of its TypeScript interface for Ethereum. The update introduces the simulateCalls action, enabling batch simulation of transactions and contract interactions. Developers can now preview asset changes, gas usage, execution status, and logs before executing transactions. The update significantly improves transaction simulation, debugging, and smart contract testing. As a modern alternative to frameworks like Ethers.js and web3.js, Viem emphasizes stability, developer experience, reduced bundle size, and high performance. It is widely used by developers to simplify complex transaction workflows. Holonym Acquires Gitcoin Passport --------------------------------- Holonym [acquired](https://human.tech/blog/human-tech-launch-acquisition-gitcoin-passport) Gitcoin Passport, the proof-of-personhood and Sybil resistance tool originally developed within Gitcoin. Gitcoin Passport has now been rebranded as Human Passport and will be integrated into Holonym’s [human.tech](http://human.tech) identity suite, enhancing its ZK credentials. The upgrade enables selective disclosure, privacy-preserving verification, and secure credential issuance through the Human Network. The Human Network is an Actively Validated Service (AVS) built on EigenLayer and Symbiotic, securing programmable keys for managing ZK credentials with unlinkability and Sybil resistance. It ensures privacy-preserving identity proofs, preventing traceability while maintaining verifiable authentication. [![](https://storage.googleapis.com/papyrus_images/a75d35f93fdfca172fd74cc1722535cc.png)](https://giveth.io/project/eth-daily) Increase Gas Utilization Target ------------------------------- Ethereum developers [introduced](https://github.com/ethereum/EIPs/pull/9354) a new EIP to increase the network’s gas utilization target from 50% to 75% of the block gas limit. The goal is to boost network throughput without raising the gas limit while maintaining protection against Denial of Service (DoS) attacks. The proposal is backward-compatible and does not increase the network’s worst-case load. Vitalik Buterin [commented](https://x.com/VitalikButerin/status/https://x.com/VitalikButerin/status/1889005433676804355%5C) on the proposal, emphasizing that state growth remains the primary constraint on block size. He also warned that the change could degrade user experience (UX) due to a reduced percent of instant transaction inclusions. Other News ---------- * Basket v0.1 [token basket creator](https://warpcast.com/basketdotfarm/0x9f43186a) * Base [miniapps](https://x.com/davidtsocy/status/1888988970920391045) on Farcaster * L2Beat [is hiring](https://x.com/l2beat/status/1889019229640523777) researchers * Circle introduces [Dev Summit](https://x.com/circle/status/1889010164642038064) * * * **Follow us on** [**X**](https://twitter.com/intent/follow?screen_name=ethdaily)**,** [**Lens**](https://hey.xyz/u/ethdaily)**, and** [**Farcaster**](https://warpcast.com/ethdaily.eth)**.** --- *Originally published on [ETH Daily](https://ethdaily.io/644)*