Avalanche Launch + Supported Collaterals Announced
Although it has previously been announced, we are excited to formally announce our 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 our hybrid WHEAT bridge, and new ilks for MOR! We are pleased to unveil our available tokens for both MOR collateral and WHEAT farming below:
MOR ilks:
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
How can I take advantage/prepare best for the launch?
There are several things users can do over the coming weeks as we 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.
We are looking forward to releasing more information very soon updating our progress and giving more detail into certain features of our expansion such as the WHEAT hybrid bridge, MOR self-repaying loans, and much more!
Please note that although we are endeavoring to launch on Avalanche in October we have not set any dates, as we have prerequisite matters to sort on BSC before we expand. So stay tuned!
For any further questions feel free to join our Telegram.
Try MOR on BSC: https://mor.growthdefi.com/
Stake & Farm WHEAT: https://wheat.growthdefi.com/
