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Growth DeFi

Growth DeFi xGROPrice N/A

xGRO Price

N/A

General Info

Contracts/Explorers:

Explorers

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# Inactive

Description

Growth DeFi is a cross-chain DeFi for leveraging yield opportunities to achieve maximum capital efficiency

Growth DeFi (xGRO) Chart

Growth DeFi price Index provides the latest xGRO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 59.15M

Max Supply

xGRO 580,000

Total Supply

xGRO 578,704

All Time High

$ 226.48

7 Feb 2021


All Time Low

$ 0.00693

5 Aug 2024

Trending Growth DeFi Fiat Pairs

What is Growth DeFi (xGRO)?

Growth DeFi is a multichain ecosystem that combines products such as its overcollateralized stablecoin (MOR) and yield aggregator (WHEAT) to provide the highest level of capital efficiency for its users.

MOR is the ecosystem’s overcollateralized stablecoin. Users can provide their collaterals, earn a yield on them, and borrow at either 0% interest rates or negative rates (self-repaying loans). MOR will be available in an increasing number of chains and will support different types of collaterals such as single assets, LP Tokens, and tokenized NFTs.

WHEAT is the incentives token of the ecosystem. It is used to gather permanent liquidity for bonds and incentivize stakers of WHEAT, GRO, and MOR. Subsequently, a large portion of the ecosystem's revenue is used to accumulate treasury positions that perpetually buy back and burn WHEAT, therefore aiming for deflation. WHEAT can also be staked on Wheat's platform to compound into more WHEAT.

xGRO is the core token of the ecosystem. It has governance rights over Growth DeFi’s ecosystem, is deflationary, and partial revenue from all Growth DeFi products is allocated to GRO tokenholders. GRO can be staked on Wheat to earn WHEAT.

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