[ARFC] Launch remoteGSM on Arbitrum
AI summary
This proposal aims to launch a new 'remoteGSM' (GHO Stability Module) on the Arbitrum network. This module will allow users to exchange stataUSDC for GHO, a stablecoin, to help maintain GHO's price stability. It will start with a 20 million GHO exposure cap, which can be increased later.
If this proposal passes, GHO will have a stronger presence and more stable peg on the Arbitrum network, benefiting users who want to mint or use GHO there. It also involves temporarily increasing cross-chain bridge limits for GHO, which could affect the security or efficiency of GHO transfers.
Voting results
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🐳 Whale votes
9 votes > 5% VPFull proposal
title: [ARFC] Launch remoteGSM on Arbitrum
author: @TokenLogic
created: 2026-05-28
Summary
In preparation for launching sGHO on the Arbitrum network, this publication proposes deploying a new instance of remoteGSM, allowing users to exchange stataUSDC <> GHO.
Motivation
The GSM has proven to be a capital-efficient way to seed and defend GHO's peg, with demand that materialises organically. The remoteGSM deployed on Plasma is filled to its full 40M exposure cap and now represents more than 13% of the circulating supply of GHO, clear evidence that users will mint GHO direct…