Gro DAO Token [GRO]
Gro is a yield optimizer that enables leverage and protection through risk tranching
Gro DAO Token Market Cap
24h Trade Volume
All-Time-High (ATH) Price
Gro DAO Token's current price is $ 15.95, it has dropped -28% over the past 24 hours.
Gro DAO Token's All Time High (ATH) of $ 36.40 was reached on 12 Oct 2021, and is currently -56.2% down.
The maximum supply of Gro DAO Token that will ever be issued is 100.00 Millions tokens, and the current supply of GRO in circulation is 3.17 Millions tokens.
Gro DAO Token’s 24 hour trading volume is $ 5.59 Millions.
Gro DAO Token's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 50.62 Millions.
Gro DAO Token Price
Gro DAO Token price Index provides the latest GRO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Gro DAO Token to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
GRO to USD Converter
Gro DAO Token Quarterly Returns ($)
Gro DAO Token Closing Price (USD) - Quarterly
Gro DAO Token Monthly Returns ($)
Gro DAO Token USD (GRO - USD) Price Change
|24H||-$ 6.21||-28%||$ 22.17||$ 15.93|
|7D||-$ 5.27||-24.8%||$ 22.30||$ 15.38|
|14D||-$ 10.61||-40%||$ 26.99||$ 15.38|
Gro DAO Token Annual Price
|2021||+0.54%||$ 36.40||$ 13.26|
What is Gro DAO Token
Gro is a yield optimizer that enables leverage and protection through risk tranching. The protocol delivers the best DeFi yield by continuously optimizing a range of market-neutral yield strategies, including lending income, trading fees from Automated Market Makers, and protocol incentive farming. What makes it unique is the Gro Risk Balancer, a novel risk tranching module that distributes smart contract and stablecoin risk in a targeted way. Initially, the protocol is launching two risk- and yield-tranched products: the PWRD stablecoin and the Vault. All deposits are algorithmically and non-custodial allocated to a set of strategies. Depositors into the Vault receive a higher proportion of system yields but also take on extra smart contracts and stable coin risk. Inversely, the PWRD stablecoin receives a smaller portion of the system yield but is protected against these risks.
Gro DAO token is the governance token that would empower users to vote on protocol improvement proposals and participate in our liquidity rewards program. The Gro DAO Token’s max supply is set to 100mn tokens. 45% of the tokens will be allocated for liquidity mining programs and community engagement activities, including 1% specifically for airdrops. Another 13% will go to the GRO DAO Treasury to be used for grants and the ongoing operations of the protocol. The remaining tokens will go to backers and core contributors.