DeFi revenue aggregator Gro Protocol will cease operations and dissolve Gro DAO
2023-09-20 04:01:38
Odaily News According to the Snapshot governance page, DeFi revenue aggregator Gro DAO voted with a support rate of 70.95% to pass the proposal to disband the DAO and no longer operate the protocol and provide stakeholders with a clear exit strategy. The steps that will be implemented thereafter are to extend Groda for 3 months (October 3rd to January 3rd) to focus on disbanding the DAO and discontinuing the operating protocol, with a budget of 180,000 USDC. Users can withdraw assets from GVT, PWRD and Pools at any time (indefinitely).
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