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25016083 No.25016083 [Reply] [Original]

$GRO –
@growthdefi

Circ: 147K of 1M Total (MCap $3M)
550 Holders

Recent launch of live product dashboard

Today the project´s yield generating “gTokens” were successfully audited by Consensys Dilligence which could attract big $$$.

Here´s an intro thread to basics:


A. Fee´s from gToken withdraw / deposit tx´s are used to buy GRO for locked liq pools. This is 0.25% on deposit & 0.25% on withdrawal.

B. Deflationary GRO burning mechanism also occurs on gToken transactions.

C. Staking GRO is also available with rewards, although this is not suitable for short-term, as fees are purposefully aimed at motivating longterm holders.

D. Liquidity mining incentives (Not active atm)

2. gTokens - gToken´s are the core of the project and are how investors can generate yield on crypto deposits. Atm you can deposit WBTC, ETH, DAI & USDC and mint a corresponding gToken which generates a yield. These yields are not a fixed APY and constantly change.

Live yield averages can be seen at app.growthdefi.com. IMPORTANTLY, the value of your initial deposit is much more SAFU compared to the other yield generating strategies as there is no risk of impermanent loss.
So, how do they work more or less?

They are created by depositing an asset and minting a corresponding gToken. The basic functionality of all gTokens is that they generate value for longterm holders by collecting fees on deposit & withdrawal tx´s. Value relative to the asset always goes up – creating a base yield

>> No.25016109

Depositing DAI for example, will mint corresponding gToken: “gDAI"

Tokens use this basic fee mechanism above, but go a step further which is where the “complexity” and special Growth sauce comes from.

The underlying asset deposited (USDC, DAI, ETH, WBTC) is leveraged to generate additional yield via other yield generating platforms such as
@compoundfinance
or
@AaveAave

The mechanics of this are complex and can change depending on whether the deposited asset is a stablecoin (DAI or USDC) or non-stable (ETH or WBTC), please see below for more details. These tokens take on the following format:

Depositing DAI for example, leveraged with
@compoundfinance
will mint corresponding gToken “gcDAI”.

So, that´s the basics…. But am I bullish on Growth Defi?
Yes… Here´s why:

-Live product - app.growthdefi.com
-APY figures are live and very positive
-Low initial capital risk compared with competition
- More

- Completed audit from Consensys Diligence (Also audited $Aave & Uniswap)
- $GRO is $3M MCap & only 550 holders.
- TVL growing steadily
- Team is legit, professional & responsive (TG - t.me/growthdefi)
- Real value, being offered now – A rarity in crypto.
Growth DeFi
The only official GROWTH DeFi telegram group! growthdefi.com
t.me

In a nutshell, those are the basic concepts of the project, this thread is just a start if you are new to $GRO. This is an intentionally basic summary of the project… but If you would like more detail
DeFi Dreamin

Here is a link to a thread from one of the dev´s, or you can head over to the telegram where the team are always available to help:
twitter.com/Irvollo/status/1336022515315961856

>> No.25016866

picked the right one to read, GRO been shillin hard, I seen weaker posts with ponzi mentioned loads, this one gives all I need
not a fan of TGs, full of bots, scammers and even more shillers

>> No.25017168

>>25016866
No bots or scammer in our Telegram chat mate, give it a look, you might be impressed. We run a pretty tight ship in there..
t.me/growthdefi

>> No.25017267

all the other links are good, I do have a few questions
who do I talk to in group?

>> No.25017335

>>25017267
Go ahead and ask for @ghost333, @safegro, or @DamoCS, those guys are super helpful.

>> No.25017425

thx bud, I take it you are one of these guys?

>> No.25017480

>>25017425
I am, jump on in and well get you sorted.. ;)
t.me/growthdefi

>> No.25017830

will do, I'll DM the 3, I'll bet you'll be the first to reply hahah

>> No.25017973

>>25017830
Strong possibility, haha.. ;)

>> No.25018368

Come maximize your APY's today with GRO! All automatically for you through minting g tokens and strategies.

>> No.25018555

sweet TG, it's popping off with massive buys, after the tweet, will have to speed up that tx ffs lol

>> No.25018843

>>25018368
Yeah community has grown like a weed it's insane how fast people are joining in here, We knew it'd takeover but the speed at which it's happening is fucked!

>> No.25019177

>>25018843
Probably because it's just been endless shill, Nobody believes in your scam pajeet...

>> No.25019275
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25019275

>>25019177
I'm with you, lets stay strong and not buy this solid project because, well, some heavy believers on 4chan shilled it...
Man I cannot wait to be sitting here laughing with you at these idiots going 10x, what a bunch of fuckin losers!

>> No.25019475

>>25019177

Yeah it takes a not very bright person to see we have had a tier 1 top class audit done and had no serious risks found. It's a project that is very visibly NOT a scam and anyones welcomed to check code themselves also there's a $100k bug bounty on the table for if somehow a bug slipped by a super in depth contract analysis...

>> No.25019532

>>25019275
Lool fr some idiots man...

>> No.25019537

>>25019177
Don’t have to believe the shills, just have to believe this.
https://consensys.net/diligence/audits/2020/12/growth-defi-v1/

Codes been fully audited by the same top tier auditor as aave bancor and other big names. These guys have out in some serious big brain work on this one

>> No.25019599

>>25019177
You had 4 months to bag up, improve your FUD game, can't get GRO any cheaper, going up from here, nice try tho ;) Solid project...

>> No.25020103

>>25019599
GRO is deflationary with upwards buy pressure and backed by a sustainable ecosystem with all possible measures taken for the security of the users. in a current world of defi rugs this is a no brainer for some solid price appreciation

>> No.25020252

Riding that stkGRO escalator is something else, I'm Growing vs GRO and GRO is growing vs ETH and the $. I'm so addicted that every bit of volume I check stkGRO price just to see how much it's worth now. It's an addicting ecosystem to say the least

>> No.25020666

>>25020103

Yep 1000% Agree dawg

>> No.25020784

>>25020666
GRO getting shilled hard, but its solid and will bring facemelting gains..

>> No.25021742

>>25020784
two things in this world sure to melt your face. GRO gains and snorting oxy

>> No.25022005

>>25016083
this has a distinct scummy rug pull air to it

>> No.25022178

>>25022005
Check it out genius...
https://consensys.net/diligence/audits/2020/12/growth-defi-v1/

>> No.25022227
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25022227

>>25021742
YESSSSS

>> No.25022274

>>25022178

mic drop...

>> No.25023140
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25023140

>>25022005
cum join me on my carpet

>> No.25023606

>>25023140
Do it at>>>>>t.me/growthdefi

>> No.25023927

growthdefi.com

>> No.25025038

>>25022005
yesh I got the same vibe, but checked them out and got 20, who knows

>> No.25025543

>>25025038
might be all you need!

>> No.25025571

>>25016083
bro based tower of terror image, where TF u get that

>> No.25025804

>>25025571
Bats and creatures of the night welcome.. suits me hahah

>> No.25025987

>>25025571
Someone in the group made it, join to see a lot more cool memes and pics like that..
t.me/growthdefi

>> No.25026154

>>25025987

Yeah that was really well done! Big ups to that boss man

>> No.25026348

>>25025987
nice folks in there, funny there's no shilling in it.. I was expected none stop shill and bs
I did go in to tell them to calm the shill here, and wasn't for buying.. like I said I ended up buying 20 hahha

>> No.25026883

>>25026348
YUP top notch group of guys, glad we pulled you in for a taste, I got a feeling after a bit you may go ahead and jump on the whole enchilada..! GRO to MARS!

>> No.25026949

>>25026883
yeah, if I can get even a little recovery on some other assets, I'll be x10 that investment

>> No.25027990

Bump

>> No.25028595

>>25026949
Big gains to be made with GRO 100x'r all day long

>> No.25028712

>>25028595
Riding her all day all night

>> No.25028808

Is there a race to stake, or a staking comp running? I staked the little I have just in case

>> No.25029208
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25029208

>>25019177
>>25022005
It's strange isn't it.
I've not seen such a dedicated style shill group like this for a while.
Nearly every single poster in here clearly not using /biz/ outside of these threads.
>>25016866
The first reply is of course positive and reinforcing of the so called "good shilling". They also point out they hate bots and scammers, so you know he's one to trust! Note the I grammar;
>"I seen"
This is how negroes, or "street kids" talk. Not the typical anon behaviour.
>>25017267
>>25017425
>>25017830
Then we have this guy, note that he doesn't know how to quote a reply. He also laughs at the end of his message. A very telling sign he's newer than a RFI fork.
>>25018368
Here's a great post. He's not messing around with any premise of discussion, he simply cuts to the chase and tells you buy.
>>25019275
>images.png
>>25019532
>>25020666
>fr, dawg
More dindu speak
>>25026348
Love the laughing at the end of the message, very organic!

>> No.25029250

Lol if you actually read the audit they say it's a pile of jeet trash, just more politely

>> No.25029574

>>25029250

That's funny because clearly you haven't seen other Audits then.. Check out AAVE V2's audit and tell me how well theirs looks and tell me their MC.

>> No.25029577

>>25029208
hahhaha I thought I'd start laughing at the start, at you. Honestly who the fuck are you? the internet police?? so fuck if people don't talk like the common 4chan troll. This lockdown isn't helping your mental health lolololol

>> No.25029657

>>25029208

Love the community engagement keeping us trending, Keep going it's actually pretty funny.

>> No.25029911

>>25029657

True. I was near heading offline, but I want to see his next post now

>> No.25030188

>>25029574

Yessur! growth is the next AaVE. Im trying to tell deez fools
Guess they dont wanna make chedda like us
It will hit $1000 !

>> No.25030210

>>25029208
Dude.... Get outside and get some fresh air.. Appreciate the bumps and all but, come now.. Wound a bit tight there..

>> No.25030254

>>25030210
Give him time, he'll be back

>> No.25030609

>>25030188
Market cap circ supply with half of it staked and an epic project. It’s a recipe for a face melt

>> No.25031079

Bumping for face melt

>> No.25031234

>>25030609
100% and now we have the Wealth club and others on the squad.. Prospects getting better by the minute..

>> No.25031382

Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO! Buy GRO!

>> No.25031409

>>25029911.
That one was for you baby <3

>> No.25031478

>>25031234
The TG numbers are growing nicely, good to have them aboard

>> No.25031992

>>25016083
GRO is the golden turd of uniswap coins. This will be a 100 million mcap project within 6 months

>> No.25032465
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25032465

>>25031992
How ima look in a couple weeks, dont hate the player

>> No.25032894

>>25031992

I sure do love me some golden turds, Bag em up

>> No.25033226

t.me/grotrading

The price chat TG, is full of buys and mints. Beautiful