The discussion primarily focused on a proposal by AaveCompanies to introduce a GHO Steward for the Aave Protocol's native multi-collateral stablecoin GHO. The GHO Steward, a dynamic parameter change mechanism, is designed to facilitate quick adjustments to risk parameters, thereby ensuring transparency and flexible parameter changes through decentralized governance.

Key terms such as "bucket capacity" and "borrow rate" were discussed, both of which the GHO Steward can adjust to maintain stability. The GHO Steward multisig would be 2/2 and include the DAO’s risk providers Chaos Labs and Gauntlet. It would have the ability to adjust predefined parameters, including increasing the bucket capacity (by up to 100%) and changing the borrow rate (by up to 50 basis points in either direction) in a single change. The proposal also emphasized a lean governance process, with a strong focus on community involvement in decision-making. The GHO Steward would be deactivated 60 days after the passing of this proposal, but the DAO can vote to renew or remove the GHO Stewards at any time.

The proposal was met with support from users EzR3aL, ChaosLabs, 0xkeyrock.eth, and Gauntlet, who all stressed the importance of careful monitoring and flexible risk management during the initial stages of GHO. AaveCompanies announced that the Snapshot for this proposal has been queued and will be live for voting on Jun 28, 2023, 3:50PM UTC+1. PennBlockchain also expressed support for the ongoing process and emphasized the importance of clear communication regarding parameter updates for risk mitigation.

In conclusion, the community appears to be in favor of the proposal, recognizing the need for careful monitoring and flexible risk management during the initial stages of GHO. The Snapshot for voting on this proposal is scheduled for Jun 28, 2023, 3:50PM UTC+1.