/biz/ - Business & Finance

>GRO DeFi

That is all.

>he didn't buy the dip

https://growthdefi.com/

THIS IS NOT A DRILL WHERE CAN I BUY THIS COIN HELP ME /BIZ/

>unstaking: $17 fee
>whoops I don't have ETH, better transfer some from exchange!
>$7 fee
>now that I unstaked I better transfer it into USDT
>$15

I fucking hate metamask, it's straight up robbery

Why no GRO hype?

>BTC crabs
>GRO dumps
>BTC pumps
>GRO crabs
>BTC dumps
>GRO dumps

piece of shit shitcoin

ITT: Coins that financially obliterated you

It's very weird that growth hasn't become a biz fav coin yet. It's quite complicated and is not normie friendly.

>>25345165

Let me shill you a bit:

>What is Growth DeFi?

The platform is clear in its intention to become a complete suite of DeFi tools that will offer its users optimized strategies for all existing DeFi protocols.

It is built around the GRO tokens, which are deflationary tokens that grant users voting and staking rights while also going after capital appreciation. Tied to the GRO tokens are the gTokens that provide a direct appreciation source for GRO tokens through fee burning.
While it initially seems that the gTokens are the interest-bearing tokens for the platform that payout based on a users deposited funds, it soon becomes clear that they offer more value since they benefit from the minting (deposit) and burning (withdrawal) fees charged by the platform. This fee is 1%, half of which gets locked into liquidity pools with varying GRO pairs. These locked gTokens are occasionally burned to increase the scarcity of the token and to lift demand.

As a result, users holding gTokens benefit from the yield of the underlying protocol along with the arbitrage profits of the minting and burning fees.

Additionally, users can always count on low slippage with near no impermanent loss because the protocol constantly locks up liquidity. This is critically important since one of the goals of Growth DeFi is introducing liquidity provider exposure without suffering from impermanent loss

WTF WAS THAT

Biz, why aren't you all in GRO?

>Growth allows to mint gTokens that produce the best interest on the market.
>No impermanent loss.
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap below 4 million.
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

Biz, let's discuss Growth DeFi

>Overview

Growth DeFi ecosystem is aiming to create sustainability within the industry by leveraging the power of innovative protocols.

Growth DeFi ecosystem leverages the power of an unlimited amount of protocols — with Aave and Compound being two of the most prominent ones they are working on. Sushi and Pickle are among the others they plan to embark on soon.

The project describes itself as a one-stop-shop for an array of differing protocols and strategies, with almost no limits as to what it can build on.
At the heart of this ecosystem are gTokens, an interest-bearing cryptocurrency backed by an underlying asset that is designed to be held for long periods of time. As well as owning a reserve of an underlying asset, they benefit from deposit and withdrawal fees.

The value proposition of this asset is derived from how it combines the potential profits of an underlying protocol with arbitrage profits from minting and burning fees, as well as profit-sharing ownership in locked liquidity pools.

With gTokens there are no performance or management fees, only the mint and redeem fee. Every time gTokens are redeemed or minted, a 1% fee is paid — and half of this sum is burned to create scarcity. The remaining 0.5% is committed to locked liquidity pools paired with GRO tokens, generating new arbitrage opportunities.

The GRO cryptocurrency serves as a deflationary utility token that enables owners to participate in Growth DeFi’s governance — contributing towards the development of the ecosystem and making decisions about future milestones.

Biz, why aren't you all in GRO?

>Growth allows to mint gTokens that produce the best interest on the market.
>No impermanent loss.
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap below 4 million.
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

Growth DeFI daily thread

>Overview

Growth DeFi ecosystem is aiming to create sustainability within the industry by leveraging the power of innovative protocols.

Growth DeFi ecosystem leverages the power of an unlimited amount of protocols — with Aave and Compound being two of the most prominent ones they are working on. Sushi and Pickle are among the others they plan to embark on soon.

The project describes itself as a one-stop-shop for an array of differing protocols and strategies, with almost no limits as to what it can build on.
At the heart of this ecosystem are gTokens, an interest-bearing cryptocurrency backed by an underlying asset that is designed to be held for long periods of time. As well as owning a reserve of an underlying asset, they benefit from deposit and withdrawal fees.

The value proposition of this asset is derived from how it combines the potential profits of an underlying protocol with arbitrage profits from minting and burning fees, as well as profit-sharing ownership in locked liquidity pools.

With gTokens there are no performance or management fees, only the mint and redeem fee. Every time gTokens are redeemed or minted, a 1% fee is paid — and half of this sum is burned to create scarcity. The remaining 0.5% is committed to locked liquidity pools paired with GRO tokens, generating new arbitrage opportunities.

The GRO cryptocurrency serves as a deflationary utility token that enables owners to participate in Growth DeFi’s governance — contributing towards the development of the ecosystem and making decisions about future milestones.

Daily Growth DeFi thread

>Overview

Growth DeFi ecosystem is aiming to create sustainability within the industry by leveraging the power of innovative protocols.

Growth DeFi ecosystem leverages the power of an unlimited amount of protocols — with Aave and Compound being two of the most prominent ones they are working on. Sushi and Pickle are among the others they plan to embark on soon.

The project describes itself as a one-stop-shop for an array of differing protocols and strategies, with almost no limits as to what it can build on.
At the heart of this ecosystem are gTokens, an interest-bearing cryptocurrency backed by an underlying asset that is designed to be held for long periods of time. As well as owning a reserve of an underlying asset, they benefit from deposit and withdrawal fees.

The value proposition of this asset is derived from how it combines the potential profits of an underlying protocol with arbitrage profits from minting and burning fees, as well as profit-sharing ownership in locked liquidity pools.

With gTokens there are no performance or management fees, only the mint and redeem fee. Every time gTokens are redeemed or minted, a 1% fee is paid — and half of this sum is burned to create scarcity. The remaining 0.5% is committed to locked liquidity pools paired with GRO tokens, generating new arbitrage opportunities.

The GRO cryptocurrency serves as a deflationary utility token that enables owners to participate in Growth DeFi’s governance — contributing towards the development of the ecosystem and making decisions about future milestones.

Biz, why aren't you all in GRO?

>Growth allows to mint gTokens that produce the best interest on the market.
>No impermanent loss.
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap below 4 million.
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

GRO daily thread.

>Overview

Growth DeFi ecosystem is aiming to create sustainability within the industry by leveraging the power of innovative protocols.

Growth DeFi ecosystem leverages the power of an unlimited amount of protocols — with Aave and Compound being two of the most prominent ones they are working on. Sushi and Pickle are among the others they plan to embark on soon.

The project describes itself as a one-stop-shop for an array of differing protocols and strategies, with almost no limits as to what it can build on.
At the heart of this ecosystem are gTokens, an interest-bearing cryptocurrency backed by an underlying asset that is designed to be held for long periods of time. As well as owning a reserve of an underlying asset, they benefit from deposit and withdrawal fees.

The value proposition of this asset is derived from how it combines the potential profits of an underlying protocol with arbitrage profits from minting and burning fees, as well as profit-sharing ownership in locked liquidity pools.

With gTokens there are no performance or management fees, only the mint and redeem fee. Every time gTokens are redeemed or minted, a 1% fee is paid — and half of this sum is burned to create scarcity. The remaining 0.5% is committed to locked liquidity pools paired with GRO tokens, generating new arbitrage opportunities.

The GRO cryptocurrency serves as a deflationary utility token that enables owners to participate in Growth DeFi’s governance — contributing towards the development of the ecosystem and making decisions about future milestones.

Why aren't you all in Growth?
Problem:

$GRO is a liquidity provider who aims to solve the problem of impermanent loss in liquidity pools (LPs). With the recent yield farming boom impermanent loss has become a huge issue, massively cutting into the returns of LPs. Impermanent loss comes from changing prices in the underlying asset and as it's re-balanced through arbitrage. Currently the arbitrager would get all the profit while the LPs take a loss.

Solution:

GRO and gTokens offer a unique value proposition to liquidity providers on Mooniswap by combining the interest yield potential of aTokens (AAVE underlying assets which are used to mint gTokens), arbitrage profits from minting & burning fees, and additional profits from GRO incentives for providing liquidity.

In summary GRO aims to transfer the profits from arbitragers back to the LP through a number of difference mechanisms described in depth in the whitepaper.
>Team:

The team behind GRO is the same who created Powermine (PMINE); a DeFi staking protocol on the IOST ecosystem. They also ported Uniswap to the IOST ecosystem to allow for users to take advantage of the same DeFi principles as the ETH ecosystem.

Overall the team is very responsive on Telegram carries great trust from their Powermine community. They have experience in the space and can be trusted to execute this.

>Overview

Growth DeFi ecosystem is aiming to create sustainability within the industry by leveraging the power of innovative protocols.

Growth DeFi ecosystem leverages the power of an unlimited amount of protocols — with Aave and Compound being two of the most prominent ones they are working on. Sushi and Pickle are among the others they plan to embark on soon.

The project describes itself as a one-stop-shop for an array of differing protocols and strategies, with almost no limits as to what it can build on.
At the heart of this ecosystem are gTokens, an interest-bearing cryptocurrency backed by an underlying asset that is designed to be held for long periods of time. As well as owning a reserve of an underlying asset, they benefit from deposit and withdrawal fees.

The value proposition of this asset is derived from how it combines the potential profits of an underlying protocol with arbitrage profits from minting and burning fees, as well as profit-sharing ownership in locked liquidity pools.

With gTokens there are no performance or management fees, only the mint and redeem fee. Every time gTokens are redeemed or minted, a 1% fee is paid — and half of this sum is burned to create scarcity. The remaining 0.5% is committed to locked liquidity pools paired with GRO tokens, generating new arbitrage opportunities.

The GRO cryptocurrency serves as a deflationary utility token that enables owners to participate in Growth DeFi’s governance — contributing towards the development of the ecosystem and making decisions about future milestones.

Growth DeFi
ETH
DOT

Anon, why aren't you invested in Growth Defi?

>Growth allows to mint gTokens that produce the best interest on the market.
>No impermanent loss.
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap below 4 million.
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

Biz why aren't you all in GRO yet?

>DeFi project that offers great APY
>Solved the impermanent loss problem
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap $3,727,565
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>Several high yield aggregator gToken products already available. gWBTC, gETH, gUSDC, gDAI, gcDAI, gcUSDC, gcWBTC, gcETH
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

>>24960556
I'm literally all in GRO. Just GRO.

>DeFi project that offers great APY
>Solved the impermanent loss problem
>Consensys Diligence audited their code. No issues found
>Lowest marketcap microcap on Consensys website. Among the likes of AAVE and others.
>Current Marketcap $3,727,565
>Current Circulating Supply 147,214
>45% of the Circulating supply is locked in staking. Not a lot liquid for sell pressure
>Very accomplished smart contract dev Rodrigo Ferreira - PHD from YALE in Computer science.
>Front end dev Irving Cabello
>Open source smart contracts on Github
>Several high yield aggregator gToken products already available. gWBTC, gETH, gUSDC, gDAI, gcDAI, gcUSDC, gcWBTC, gcETH
>DAO incoming
>Elastic (rebase) supply tokens incoming
>Currently under everyone's radar

>>24952617
Qucik, reinvest everything into GRO