As the launch of the Growth DeFi ecosystem on Avalanche draws near, the leading decentralized farming cross-chain with a lightweight suite of investment products has announced the introduction of the new self-paying loans for MOR. It is an overcollateralized stablecoin that allows users to earn yield while they borrow and leverage yield farming positions for liquid providers.
MOR and the earn concept, while you borrow, is atypical in the blockchain space, and amongst the multiple ways a user can earn in Growth DeFi. With MOR self-repaying loans introduced to Growth DeFi, users’ debts reduce at a fixed rate every second while your collateral balance increases. Typically, users get paid to leverage farms.
MOR Self-Repaying Loans: How They Work
MOR Self-Repaying Loans allows users to get paid to borrow, but how is the unique concept able to maintain constant flow of funds to keep MOR sustainable? MOR is able to do this through its protocol. The protocol utilizes the performance fees from users to generate its own yield.
MOR converts the fee to USDC.e, which is then injected into the secondary PSM. USDC.e earns yield by lending through trader Joe. The rate of earning is almost double of the interest the user is receiving, so a balance is struck. The secondary PSM then provides a constant reserve flow that is used to refill the primary PSM, where users can redeem their MOR. By doing so, it reduces the user’s debt over time.
MOR is completely different from all the stablecoins out there. The concept of allowing borrowers to earn yield on their collateral is unique, risk-free, and profitable. It also results in the lower of the user’s debt. As you borrow, the risk reduces, and this culminates in your collateralization ratio.
Wheat Yield Farming Project Goes Live
One of the core concepts of Growth DeFi is to provide users with multiple ways to earn from the various assets in the ecosystem. Users are provided with the most efficient earning power through the various products in the ecosystem, while maintaining constant revenue flow GRO holders. To that effect, Wheat, one of its products, has gone live in the ecosystem.
Wheat is a secure, cross-chain yield optimizer that offers sustainable yield returns to users. The optimizer offers higher APYs than others due to its multi-layered structure, allowing for users to compound their investments. Users can earn in multiple ways. First, they can leverage the single assets yield-earning LPs on MOR, stake LPs to get more LPs by minting MOR and using it to buy more LPs, or stake MOR to earn WHEAT, the native token of Wheat.
Growth DeFi is a decentralized, multi-chain ecosystem that focuses on ways to maximize returns on user’s capital through an array of products. It maximizes token holder value, while maintaining the best yields. It utilizes products, such as Wheat and MOR to create multiple streams of revenue for investors. With its secure vaults, users can stake their coins to earn rewards.
