Compound General Counsel Jake Chervinsky Joins Gro Advisory Team

  • Fraud Detection , Risk Management
  • 30.09.2021 05:50 pm

The appointment of their newest strategic advisor, Jake Chervinsky, is another milestone on Gro’s roadmap as they prepare to innovate with an experienced advisor in crypto regulation and DAO governance on their side.

Gro, the protected stablecoin yield farming protocol, is pleased to announce that Jake Chervinsky, General Counsel at Compound Labs, will be joining the Gro team as a strategic advisor. Jake brings a wealth of experience in the decentralized finance and broader cryptocurrency market, strengthening the Gro team after the successful implementation of the Gro decentralized autonomous organization and the associated governance token launch. While he has been involved in establishing the Gro DAO for several months now, the advisory appointment formalizes his position in the project. 

Speaking of the appointment, Hannes Graah, founder of Gro, said: “We couldn’t be more thrilled to formally welcome Jake to the Gro team at such a critical point in our development roadmap. His deep expertise in DeFi and particularly the evolving regulatory landscape will position Gro to ensure it can mount an agile response to any future legislation and provide a stable and compliant service to Gro users.”

Jake Chervinsky graduated with a bachelor’s degree in psychology and criminal justice before going on to complete his doctorate at the George Washington University Law School in 2013. He went on to hold various positions in public and private practice, as well as serving as an adjunct professor at the Georgetown University Law Center in 2019. 

In the same year, he joined Compound Labs, one of DeFi’s flagship lending platforms, as General Counsel. Along with his position at Compound and his advisory role at Gro, Chervinsky also serves as a strategic adviser to Variant, a cryptocurrency-focused investment fund. 

Chervinsky is also an active contributor to the ongoing discourse regarding cryptocurrency and decentralized financial regulation. He played a key role in shaping the DeFi taxation discussion around the US Infrastructure Bill and has published many highly regarded thought leadership pieces covering digital asset regulation and its implications on the sector. 

Gro recently announced its launch of a unique on-chain governance mechanism to determine the launch of its DAO token, its liquidity bootstrapping pool (LBP) and its liquidity mining program set to distribute 2 Million tokens in the first month of operation. The LBP launched on the Balancer protocol using Copper Launch on September 28.

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