I keep seeing these Niggas shilling GRO, but is this coin a legit investment? Seriously don't know anything about it...
Uniswap gem or dead in the water
Jack Martinez
Owen Edwards
lol. yes it's legit af. Autistic devs, solid tokenomics. Pure pumpamentals.
Camden Hughes
All I know is its been heading straight up for 8 days in a row now, was at $15 when I started watching it, now looks like it want to go to $30, got me watching.. I might jump soon..
Wyatt Sanders
they have not 1 but 2 rainman's
Gavin Lewis
This out all the projects out there is the real McCoy
Audit report this week
Proof will be in the pudding as they say
Get ready as this is about to take off
Thomas Jackson
Well they managed to convince Consensys Diligence to audit them... these guys are the ones who audited Uniswap, AAVE, Bancor, etc.
It's a really big-brained project and I'm a smooth-brain, the devs in the chat are pretty responsive in their telegram if you got any other questions.
Adrian Gonzalez
Dominic Fisher
Audit report is out!!! OP Please give this a read :)
consensys.net
Nicholas Brown
Useless token
Christopher Murphy
Not everyone can be smart enough to buy GRO
consensys.net/diligence/audits/2020/12/growth-defi-v1/ audit report, your gonna be sad
Bentley Morales
Lets get it
William Price
No. It’s made by chinks and is old. Also look at that volume. 0 value proposition.
Asher Butler
Terrible attempt at a shill post. This coin is garbage. Fuck off samefags.
Liam Taylor
You had 4 months to accumulate, weak FUD, try harder, GRO time
Brody Bennett
You had 4 months to accumulate, weak FUD, try harder.. GRO to MARS!!
William Davis
This is exactly why I don’t buy coins shiller by pajeets on biz
Aaron Hernandez
Buy GRO, hold, profit, pretty simple, 4 days ago you could have bought for $15, now your all salty cause you didn't grab a bag... Get smart and get GRO or keep crying..
Angel Taylor
consensys.net
Austin Lopez
did I just see you made your first GRO buy!?
Hunter Rodriguez
Then move along poorfag.
Anthony Torres
Man you look dumb... Keep talking, GRO keeps climbing, it doesn't care that Your u mad...
Noah Rodriguez
sell up bitches
Ian Brown
Only dummies sell gold I mean GRO..
Austin Gutierrez
can but hope
Xavier Robinson
Growth TVL
Heading towards $2 Million
Luke Adams
retrace ffs
Joseph Nguyen
get it now
Jack Lewis
#80 in Volume so far today on our first real day on Uniswap! Let's GROO!
Hudson Mitchell
1)
$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.
Jace Wood
literally cant retrace with 40% of supply locked up, ppl have to pay 10% to unlock. they've been building a community for the past 5 months while pajeets on biz were judging it for a chink website (look at the app which is becoming front and center instead) or because it was too big brained
Caleb Jones
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
Nathaniel Mitchell
GRO is the big brain token
Oliver Gray
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