Community update:.

18 Jun 2022, 12:01

Community update: We are obviously witnessing a dramatic sell-off in the cryptomarket, and the GRO token price won’t be immune from this. However, to hopefully offer some reassurance we want to advise the community everything remains solid behind the scenes at Growth DeFi. • Our primary focus at present is developing MOR Futures – which is progressing very well. Contracts have already been successfully developed and we’re continuing to test and refine these, along with the UI/UX, prior to a scheduled launch in Q3. More detailed information will be forthcoming soon. • cLQDR continues to compound away and generate on-going returns for veGRO holders. You will have seen recently cLQDR is now the single largest holder of xLQDR and will grow. We look forward to updates from LiquidDriver on shadow farms and other benefits that may accrue to xLQDR holders – benefitting us further. • Our ‘MOR Steady Beets’ pool on Beethoven-x is generating positive revenues to Growth DeFi. We are now able to bribe the pool using BEETS, avoiding any distribution and sale of GRO. As ever, thanks for your loyalty during these tough times. We can only control what is within our sphere of influence, and at the project level everything is progressing as planned. Many other projects are struggling to survive and stay solvent, but due to the positive perpetual revenue streams we have in play – and with zero debt or exposure to lending platforms – Growth DeFi remains operationally robust and with a healthy balance sheet. We will continue to deliver as best we can, and let’s look forward to some positive times ahead!