[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 30 KB, 397x142, gROOT-LOGO.png [View same] [iqdb] [saucenao] [google]
29286590 No.29286590 [Reply] [Original]

gRoot got listed on Pancake yesterday. Why aren't you buying early for once?
.
It's a yield aggregator that will dominate the BSC space. Platform launching next week after everyone gets their groot.

This is not another shitcoin. This is a new product by the Growth Defi team (they have multiple products that did 30x). No presale. No team allocations. Fair launch.

The mcap at launch will be below 2 m. I honestly believe this can reach 100 m mcap.

t. me/gROOTDeFI

>> No.29287171

bump

>> No.29287257

what happened to rAAVE

>> No.29287387

>>29287257
discontinued and converted to groot at marker price.

>> No.29288587 [DELETED] 

bump

>> No.29288630
File: 40 KB, 640x628, 272d3f1985fbb13fd8701390fa2c8723.jpg [View same] [iqdb] [saucenao] [google]
29288630

>>29286590
>This is not another shitcoin.

>> No.29288680

>>29286590
>y no buy?
Because its a rugpull and you deserve to have your kneecaps crushed.

>> No.29288836

>>29288630
It's unironically not. It's a stupid name (decided by a community vote), but it's a very sophisticated project.

Look at the team behind the project. Multiple PHDs. Most of the team is doxxed (with the exception of contractors). The team does weekly interviews.

The team behind gRoot is the same who created Powermine (PMINE); a DeFi staking protocol on the IOST ecosystem that did 30x. Another project of the team is Growth Defi, another project that did like 50x at ATH.

gRoot is their new project that is under the Growth Defi umbrella of products.

>> No.29288872

desu they solved the rAAVE issue really well with this BSC airdrop. are rAAVE bagholders in the profit yet?

>> No.29288961
File: 283 KB, 725x331, GrowthDeFiDevs.png [View same] [iqdb] [saucenao] [google]
29288961

>>29288680
Here's LinkedIns for the main devs. If they rugpull you can go kill them

>> No.29288999

>>29288872
Depends at what price you bought. But most are, yes.

>> No.29289334 [DELETED] 

Bump

>> No.29289646

>>29286590
I'm convinced. Not seeing it on Pancake.

>> No.29290020

>>29289646
Listed yesterday. Not sure when it will appear in the search. But here's the contact address 0x8b571fe684133aca1e926beb86cb545e549c832d.

Or you can go to grootdefi. com and buy from there.

>> No.29290334 [DELETED] 

Bump

>> No.29290379
File: 159 KB, 1840x906, GRO.jpg [View same] [iqdb] [saucenao] [google]
29290379

enjoy being rugged for the 3rd time lmao

>> No.29290452

>>29288961
thispersondoesnotexist
No idea who repeatedly falls for this obvious Indian scams

>> No.29290823

>>29286590

what sort of fucking holder distribution is this https://bscscan.com/token/0x8b571fe684133aca1e926beb86cb545e549c832d#balances

honestly anons if you're buying this you should fucking give up, yngmi

>> No.29290917
File: 686 KB, 1080x2400, Screenshot_20210221-135531.jpg [View same] [iqdb] [saucenao] [google]
29290917

>>29290823
That's the treasury split up to 3 accounts....

>> No.29290958

>>29290452
There's interviews with the team? They used to do video ama's also? What the fuck are you talking about

>> No.29291329

Bump

>> No.29291812

>>29286590
Man, I'm fucking sick of these stupid projects.
Stop shilling animal and food projects. All new ones are pejeet scams. Get the fuck out of here, pajeet nigger.

>> No.29291880

>>29291812
This is a legit project. Has been around for a long time. Had an exploit last month however around it's farming.

>> No.29292334

>>29291880

> honest businessman
> really cares about making the world better
> wants to improve opportunity using new tech
> make a product they believe in
> just need to create a brand

> picks a fucking Disney owned character

one of two things is true

1) its a scam and they think groot will appeal to idiot anons
2) they dont understand how business works

either are definitive reasons not to buy this

>> No.29292974

>>29292334
The name is stupid but it was community chosen. All their products start with g. gETH, gBTC, and so on. The team left the naming for the community. The community voted for gRoot

>> No.29293027

>>29292974
Because of the nature theme... But who cares what is the avatar. That can be changed

>> No.29293146

>>29290917
This should be the new standard for pajeet scam coins.
Can always blame it on the treasury being hacked or the holder going rogue when this inevitably rugs.

>> No.29293194

This is legit

What is gROOT?
gROOT is a token on the Binance Smart Chain (BSC) which is directly linked to the performance of DeFi in BSC by building up a treasury that holds yield farming positions in different protocols such as Pancake Swap, Auto Farm and Venus.
It focuses on incentivizing liquidity providers of gROOT pairs such as the BNB/gROOT Pancake Swap LP, doing this allows users to:
* Have exposure to the yield farming opportunities on BSC
* Have exposure to multiple liquidity positions instead of a single one (the treasuries can hold tens or hundreds of different liquidity positions which reduces the risk of a single token crashing down.
* Getting more incentives by providing liquidity to gROOT pairs on top of the tokens the treasury is farming (such as CAKE, AUTO and XVS).

How does liquidity mining with gROOT work?
There are a total of 8,000 gROOT reserved ecosystem incentives, which include incentivizing gROOT pools, the first liquidity mining pool available is BNB/gROOT, with 150 gROOT allocated to it per month.
As a liquidity provider you benefit from:
* The liquidity mining in gROOT
* The swap fees of the liquidity pair you are in
* The incentives that the treasury is collecting from farming other liquidity pairs
* The swap fees that the treasury is collecting from other liquidity pairs

Note: The incentivized pools will start the week of the 22nd of February.

gROOT Initial Supply Distribution
gROOT is fairly launched, there was no presale or token sale for it and it has a team allocation of 0%.
Token Address: 0x8b571fe684133aca1e926beb86cb545e549c832d
Total Supply: 20,000 gROOT
Initial Circulating Supply (from the rAAVE airdrop): 1,500 gROOT
Initial Liquidity: 70 gROOT
Ecosystem Incentives: 8,000 gROOT
gROOT Treasury: 10,430 gROOT

>> No.29293241

All the fudders, can you do me a favor and set yourself a reminder to check on the price in a week? Listing price 1.2k. Current price 1.9k.

>> No.29293898

>someone bought this shitcoin at +3k
Holy kek

>> No.29294040

>>29293241
Always the same fucking script.
I've been told for months now to set a reminder for 1 week so i can cry myself to sleep.
But when that time comes you've all pulled the rug already and are no where to be found.

Serious question, how can i short these curry smelling coins?

>> No.29294114

>>29294040
GRO has been around for half a year, moron.

>> No.29294431

>>29293898
>know that this is a scam, but I can still make money
>see it dip to around $1600, buy some
>it goes up to $2300, sell
thanks for the free cash LMAO, gonna forget about this eventual rugpull now