/biz/ - Business & Finance

Growth Defi (GRO).

Too complicated to explain in one post, but basically the platform's 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.

Thought on GRO? Solid project or pajeet scam?

Shill me GRO.

I have been seeing a lot of thread around here but still don't know what makes GRO different from other yeld farming projects.

>>25364473
GRO.

>Compounded interest
>Best APY on the market
>High liquidity
>Share of arbitrage profit
>No impermanent loss
>Audited
>Improves efficiency of existing protocols
>mcap:$3.7M
>≈45% staked

Upcoming:
>Articles
>Influencer videos
>Defipulse
>Farmable rebase token rAAVE
>gLINK + gUNI

Buying GRO was one of my best decisions of December.

>>25345310
I guess it depends in what alts you invest