DeFi yield aggregator Gro Protocol will cease operations and dissolve Gro DAO

ChainCatcher news, according to the Snapshot governance page, the DeFi yield aggregator Gro DAO has voted to pass the proposal "Dissolve the DAO and Cease Operations" with a support rate of 70.95%, and provides a clear exit strategy for stakeholders.

The steps to be implemented thereafter include extending Gro for 3 months (from October 3 to January 3) to focus on dissolving the DAO and ceasing operations, with a budget of 180,000 USDC. Users can withdraw assets from GVT, PWRD, and Pools at any time (indefinitely).