Growth DeFi Avalanche Launch

Published on: 09.11.2021

They are formally announce their plans for Growth DeFi to launch its full ecosystem arsenal cross-chain on the Avalanche network!

This launch involves the entire ecosystem going multi-chain, including the MOR and WHEAT protocols, plus the tokens GRO, WHEAT, and MOR.

Going fully cross-chain for the first time is an enormous step forward for us, allowing more users to experience greater capital efficiency for our products, creating even more value for our token holders plus opening the door to connect and partner with even more projects in the DeFi space!

The Avalanche launch comes with a few tweaks and surprises, including their hybrid WHEAT bridge, and new ilks for MOR! They are pleased to unveil their available tokens for both MOR collateral and WHEAT farming below:

JOE
AVAX
ETH
WBTC
AVAX/JOE
AVAX/ETH
AVAX/WBTC
AVAX/USDC
AVAX/USDT
JOE/USDC
JOE/USDT

WHEAT pools (103x total multiplier):

WHEAT (Autocompounding) 25x
GRO 10x
MOR 30x
WHEAT/AVAX 20x
GRO/AVAX 3x
MOR/AVAX 15x

There are several things users can do over the coming weeks as they close in on launch to be in the best position to take advantage of our biggest expansion to date, including:

  • Adding the Avalanche network to your MetaMask wallet: https://support.avax.network/en/articles/4626956-how-do-i-set-up-metamask-on-avalanche
  • Ensure you have AVAX to pay for gas fees
  • Make sure to have additional AVAX to purchase GRO/WHEAT/MOR for staking when live
  • Buy WHEAT or GRO on BSC to take advantage of the increase in TVL and buybacks as a result of the increased ecosystem activity. GRO will be able to be bridged on launch, and WHEAT after a few initial weeks with a hybrid structure.

About Growth Defi

Growth DeFi is a decentralized finance ecosystem whose aim is to enable capital efficiency and help investors maximize their returns using various products.

For any further questions feel free to join their Telegram.

SOURCE

https://growthdefi.medium.com/avalanche-launch-supported-collaterals-announced-ab147ed17307

 

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