We are excited to announce that Gro has integrated the Convex mUSD/3pool as a strategy on Gro. At present, mUSD is 11% of Gro’s stablecoin deployment strategy.
Introduction to Gro
Gro is a stablecoin yield aggregator that tranches risk and yield. Two products built on it are the PWRD stablecoin with deposit protection and yield, and Vault with leveraged stablecoin yields.
PWRD is a low risk savings product designed to offer safer access to DeFi yields, tokenised as a stablecoin with built-in yield and protection. Vault, on the other hand, is designed to be the highest-yield stablecoin vault on the market by absorbing risk from PWRD holders in return for higher percentage of yields.
The protocol delivers the best DeFi yield by continuously optimising a range of market neutral yield strategies, including lending income, trading fees from Automated Market Makers, and protocol incentive farming. Gro’s Risk Balancer distributes smart contract and stablecoin risk in a targeted way.
About Gro
Gro is a stablecoin yield optimizer available on Ethereum and Avalanche. Its first two products on Ethereum tranche yield and risk to offer PWRD stablecoin with deposit protection and yield, and Vault with leveraged stablecoin yields.
About mStable
mStable is a secure savings layer built for DeFi for pegged-value crypto assets.
