Changelog
Follow up on the latest improvements and updates.
RSS
Welcome to a renewed Gro protocol! Let us walk you through some changes made over the past few weeks that will give you higher stablecoin yields, a more flexible tokenomics, and smoother user experience.
Higher stablecoin yields
We've updated how Vault and PWRD work given community feedback. Long story short, Gromies have asked for higher yields while retaining some but not all of the protection PWRD came with. That's why we're now moving to higher-yield strategies while protecting users from depegging (but not a complete failure) of USDC, USDT, or DAI. Exposure to other stablecoins are still fully protected. For more details, check out this blog post.
On Avalanche, we've also updated Labs strategies so to generate more efficient yields that are continuously released to users. Labs is also now open to all - every wallet can use Labs with $5,000 deposit allowance per vault (for a total of $15,000 across 3 vaults). Users with 500+ GRO will have higher allowance of $25,000 per vault for a total of $75,000 across vaults. Read on at this blog post.
More flexible tokenomics
We have updated $GRO tokenomics following Vote 005 where Gro DAO decided to offer more flexibility and make $GRO more appealing to users with both short- and long-term horizons. No matter whether you’re an industrious yield farmer or a HODLer with strong conviction on Gro, you’d now find better economics with our governance tokens $GRO! Learn more here.
Smoother user experience
Pictures speak louder than words here. Check out this new landing page for our dApp where you can view all our products in one place!
Aside from the landing page, the deposit flow is also streamlined so you can now deposit and stake in one go! Watch this video to see how that works!