Growth DeFi
Main Network
0.0
0 Ratings
What is Growth DeFi? The main functionality of the gcToken Type 1 contract is leveraging. The contract incorporates a logic to mint cDAI and use it to borrow DAI. The new DAI is then used again to mint more cDAI which in turn is used to borrow more DAI. This cycle is repeaded until we reach the point where the difference between the total amount of DAI used to mint cDAI and the total of DAI borrowed is closed to the actual amount of DAI carried by the reserve.
24Hr Users
0
Total Unique Users
64

Dapp Details

Growth DeFi
0.0
Main Network
What is Growth DeFi?
The main functionality of the gcToken Type 1 contract is leveraging. The contract incorporates a logic to mint cDAI and use it to borrow DAI. The new DAI is then used again to mint more cDAI which in turn is used to borrow more DAI. This cycle is repeaded until we reach the point where the difference between the total amount of DAI used to mint cDAI and the total of DAI borrowed is closed to the actual amount of DAI carried by the reserve.
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Around the Project
Token
GRO: $21.42
Price from coingecko
24Hr Users
0
Total Unique Users
64
Get Updates on Its Social Media

Growth DeFi's Statistics

Total Value Locked: $890.07K
Total Value Locked (TVL) represents the capital deposited into the platform in the form of loan collateral or liquidity trading pool. Data Calculated by Dapp.com.
Smart Contracts
GRO: $21.42 -0.13% ↓
View Price
Social Signal is a new metric that reflects the general popularity of the crypto community in a certain project. A project with a higher Social Singal has captured more interest in the social network. The Social Signal updates once every 3 days.

Next Update: Thursday 26 Nov, 19:00
Social Signal
Today's Signal: 13,650
Weekly Average: 13,673
Best Signal: 14,761
The number of wallets that had interacted (transactions) with a dapp’s smart contracts.
Users
Total Unique Users: 64
24Hr Users: 0
7Day Users: 15
24Hr Highest: 33
The amount of transaction represents the numbers of actions between users and dapps that involved smart contract interactions.
Transactions
Total Transactions: 1,266
24Hr Transactions: 0
7Day Transactions: 79
24Hr Highest: 346
Transaction volume of tokens to a dapp’s smart contracts, which is the amount of tokens spent in the dapp.
Volume
Total Volume: 3,687,930.77 USD
24Hr Volume: 0 USD
7Day Volume: 472,681 USD
24Hr Highest 920,131.39 USD

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