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Stani Kulechov, founder and chief executive officer at Avara, announced the launch of a simple tool to migrate legacy stkGHO staking to sGHO staking, allowing users to access 4.25 percent rewards.
The update is designed to simplify the transition and help participants benefit from new staking options.
Kulechov recently noted that liquidity is returning to Aave as the team works on Aavenomics 3.0 with improved automated buybacks. He also highlighted that Aave V4 reached $1 million in liquidations, describing it as a milestone for the protocol. These initiatives come as Avara introduces new staking tools for users.