what's Compound Growth?
GrowCompound, operating under Compound Growth, is a DeFi protocol designed to provide optimized savings and yield opportunities for users across multiple blockchain networks, with a focus on integrating stablecoins and emerging tokens. It functions as a lending and borrowing platform, similar to established protocols like Compound, but emphasizes growth-oriented strategies such as incentive-backed market listings and multichain support. Users can deposit assets to earn rewards, leveraging automated market makers and governance proposals to expand available markets, ensuring liquidity and efficiency in yield farming. The protocol's mechanics involve submitting and voting on proposals for new asset integrations, as seen in its support for listings like Sonic's $S token alongside USDC and USDT. Built on ecosystems like Base and Ethereum, it prioritizes user-friendly savings accounts for volatile crypto holdings, reducing risk through collateralized lending while fostering community-driven expansions. Its multichain approach allows seamless interactions, making it a standard for stablecoin yields in decentralized finance.
Compound Growth's cWETH market on Arbitrum shows high utilization and >5% returns; hgETH yields 10.2% rewards.
Links
x.com/growcompoundMentioned by FactorDAO as an opportunity to lend/borrow for upsized COMP rewards during bear market conditions with less TVL.
Maintained over 90% utilization rate in the cWETH market on Arbitrum, resulting in higher lending rates.
Achieved greater than 5% returns (including COMP rewards) over a one-week period for the cWETH market on Arbitrum.
hgETH portfolio delivers 10.2% total reward rate on ETH with 9.4% crystallized rewards, with rsETH loops being rebalanced across Aave and Compound Growth instances.
WETH deposits now optimized across Aave, Compound Growth, and Morpho lending markets on Base chain.
New USDC strategy automatically allocates deposits across Aave, Compound Growth, and Morpho lending platforms to optimize blue chip lending rates with automatic whitelisted token routing.
New hgETH product offers up to ~20% reward rate on ETH deposits with zero lockups, integrating with Euler Finance, Balancer, and Pendle through ultrayieldapp and upshift_fi partnerships.
Platform offers 22.3% APR on USDC deposits on Base chain, auto-compounding both USDC yields and COMP token rewards.
New cbETH boosted strategy delivers 18.5% real yield on USDC through Aave and Coinbase integrations on Base chain.
Leading USDS rewards platform on Base chain with 7.3% yield, exceeding competitor rates by 1.7-2.8%.
Active yield farming opportunity available on Base chain with ~7% APY.