1/ I'm very excited to be working with @graadient & the Grwth Lbs team as a strategic advisor as they build out & decentralize @groprotocol π
Gro is a next-gen yield protocol that fills a huge gap in DeFi market structure: autonomous risk management π
thedefiant.io/gro-protocol-lβ¦
Gro is a next-gen yield protocol that fills a huge gap in DeFi market structure: autonomous risk management π
thedefiant.io/gro-protocol-lβ¦
2/ Gro uses risk tranching to create two stablecoin pools, PWRD & Vault, with different risk & reward profiles.
By design, PWRD offers lower yield while Vault offers higher yield at a cost: Vault bears the risk of loss for the whole protocol. In other words, Vault protects PWRD.
By design, PWRD offers lower yield while Vault offers higher yield at a cost: Vault bears the risk of loss for the whole protocol. In other words, Vault protects PWRD.
3/ Gro addresses one of the most common critiques I hear about DeFi: the lack of crypto-native, professional-grade risk management tools & products.
This is one of the aspects of DeFi that excites me most: its unique ability to mitigate risks in a programmatic & transparent way.
This is one of the aspects of DeFi that excites me most: its unique ability to mitigate risks in a programmatic & transparent way.
4/ I view Gro as "next-gen" because it delivers a new & critically important financial primitive to DeFi, enabled exclusively by other protocols that came first.
This is where DeFi innovation gets really interesting, new assets & activities that never could have existed before.
This is where DeFi innovation gets really interesting, new assets & activities that never could have existed before.
5/ I'm also impressed by how Grwth Lbs has internalized & iterated on lessons learned from DeFi's past.
From protocol design to security/auditing to community engagement to documentation & everything in between, they've set a high bar for best practices & industry standards. π
From protocol design to security/auditing to community engagement to documentation & everything in between, they've set a high bar for best practices & industry standards. π
6/ Gro is now well down the path of progressive decentralization as the protocol's users & community members take over governance via DAO.
I'm thrilled to support the project & can't wait to see where it goes next! π₯
Learn more & keep up with Gro here:
gro.xyz
I'm thrilled to support the project & can't wait to see where it goes next! π₯
Learn more & keep up with Gro here:
gro.xyz
β’ β’ β’
Missing some Tweet in this thread? You can try to
force a refresh
γ
