DiscontinuedDeFi yieldEthereum, Avalanche2020–2023
Gro Protocol
Two stablecoin products offered different levels of risk
A stablecoin yield aggregator that separated risk and return between its products.
- Capital raised (announced)
- Estimated
Funding
| Round | Date | Announced | Investors |
|---|---|---|---|
| Seed | 30 March 2021 | ||
| Balancer liquidity bootstrapping sale | Unknown | Not disclosed |
Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Hannes Graah | — | Builder, Zeal | Oct 2026 |
How it ended
The wind-down proposal cited difficult markets, underperformance and key departures. Crypto.news reported that token holders chose to dissolve both the protocol and its DAO.
Still alive
Open spot
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Sources
7 sources behind this page.
- 1DeFi protocol GRO considers shutdown amid sector-wide pullback · Blockworks · Sep 2023
- 2Ex-Revolut Exec Launches Governance Token With Backing From Galaxy Digital · CoinDesk · Sep 2021
- 3Crunchbase: professional biography · Crunchbase · user-editable
- 4Defi protocol Gro votes to dissolve DAO and terminate operations · crypto.news · Sep 2023
- 5Gro protocol information and funding · DeFiLlama · user-editable
- 6Gro Protocol funding and token sale · ICO Drops · user-editable
- 7PitchBook: professional biography · PitchBook · user-editable
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.