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M. Cap: $3.58 T 2.87%24h Vol: $364.58 B -9.42%BTC: $96,578.30 1.07%ETH: $3,838.59 7.23%S&P 500: $6,075.87 0.50%Gold: $2,653.00 0.37%BTC Dominance: 53.32%
  • #7648

Gro Vault Token GVT

GVT Price

$87.363.18%
Price Range--
--

Market Cap 

--Rank #7648

FDV 

$2.94 MRank #5072
OverviewExchangesFundraisingVesting
Activities

Detailed Performance

SentimentBullish

GVT shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
GVT/USD
0.10%2.93%55.55%55.86%0.04%-18.27%
GVT/BTC
-0.60%1.95%55.31%9.84%-39.94%-64.57%
GVT/ETH
-0.01%-3.91%45.73%-0.98%-36.13%-52.57%
GVT/DeFi
-1.33%-6.38%19.70%-28.48%-55.86%-53.70%
GVT/Yield Aggregator
-1.24%-13.22%-3.73%-40.90%-56.50%-32.18%

GVT to USD Converter

GVT

Price History

All-Time High
$12,632.02
144.60x to ATH
All-Time Low
$51.34
1.70x to ATL
Trade Launch Date
28 Sep, 2021
1163 days ago

About GVT

The Gro Vault Token is a tokenized representation of funds that are deposited into the Gro Vault. It is designed to provide users with a way to earn yield on their deposited funds and participate in the Gro ecosystem. The Vault Token represents a share of the total funds in the vault and can be staked to earn additional rewards. It is an essential component of Gro's stablecoin yield-optimizing products.

What makes Gro Vault Token unique?

The Gro Vault Token (GRO) is unique compared to other cryptocurrencies because it is specifically designed to enhance liquidity and trading efficiency within the Gro Protocol. GRO tokens are used to stake in the Gro Vaults, which are pools that provide liquidity for trading. By staking GRO tokens, users can earn TRIBE incentives, the native token of the Fei DAO, at a rate of 10K TRIBE per week for every $1M GRO tokens in the vault.
Furthermore, the Gro Protocol aims to address the issue of profit sharing between PWRD (the protection mechanism for deposits) and the Vault. The team has received feedback from the community and is considering implementing changes to the profit sharing ratio to better reflect the different risk levels. This demonstrates the protocol's commitment to continuously improving and adapting to user needs.
Additionally, the Gro Protocol is actively working on enhancing security measures and exploring ways to recover funds from CREAM, a lending protocol that experienced a security incident. The team is also considering compensation options for users affected by front-running of Vault exits, showing a dedication to user protection and support.
Overall, the unique features of the Gro Vault Token, such as its role in liquidity provision, TRIBE incentives, and the protocol's commitment to security and user compensation, set it apart from other cryptocurrencies.

Live Gro Vault Token Price Data

The current price of Gro Vault Token (GVT) is approximately $87.36, reflecting a increase of 3.18% in the last 24 hours. The GVT trading volume in the last 24 hours stands at $2,806.25.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Gro Vault Token's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on GVT, check out our crypto insights page.

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