Gravity Finance

Gravity Finance

GFI
$0.000902202%-0.76

Key Metrics

Price$0.000902202
Real Volume (24H)$307.69
Marketcap$317,816.03
Fully Diluted ValuationN/A
ATH$0.0367669
ATH Date8/29/2021, 1:01:44 PM
ATL$0.00104061
ATL Date11/10/2022, 4:35:38 PM
Circulating Supply1B
Total Supply1.2B
WebsiteN/A
WhitepaperN/A
Popularity Rank3032
Chart
What is Gravity Finance?

Gravity Finance is a suite of DeFi products built on the Polygon Network, aimed at providing the users with a seamless and secure financial experience. Gravity Finance offers various products such as the Polygon Launchpad and Yield Farms, and is currently developing an AMM/Swaps Exchange, Vaults and Automated Investment Strategies, Derivatives Trading and other defi products.

GFI is the governance token for Gravity Finance, which enables its holders to enjoy several benefits. GFI holders automatically become eligible to receive admin-fees from all of Gravity Finance's defi products by holding GFI in their wallets, without having to stake tokens to earn fees. These admin-fees are paid-out as 50% ETH and 50% BTC through smart contracts, providing users with more flexibility and convenience. The ETH portion can be claimed by GFI holders at any time, while the BTC portion accrues in a smart contract, forming the token's intrinsic value. This makes GFI "backed by Bitcoin" through admin fees that GFI holders can redeem at any time through a GFI burn-function.

Gravity Finance aims to provide its users with a reliable and secure financial ecosystem that offers seamless transactions and user-friendly products. The platform is built on the Polygon Network, which is known for its fast and cheap transactions, making it an ideal choice for users looking for efficient and cost-effective financial solutions. Gravity Finance also offers yield farming options to its users, allowing them to earn attractive returns on their investments.

In addition, Gravity Finance is developing an AMM/Swaps Exchange, which will provide users with a convenient and efficient way to swap their tokens. This exchange will be built on the Polygon Network, ensuring fast and secure transactions. Gravity Finance is also working on developing Vaults and Automated Investment Strategies, which will enable users to invest their funds with ease and peace of mind.

Derivatives Trading is also being developed by Gravity Finance, providing users with exposure to different assets and markets. The platform aims to provide its users with a wide range of financial products to choose from, catering to different needs and preferences. With GFI as the governance token, users will have a say in the development and evolution of the platform, ensuring a community-driven ecosystem.

Gravity Finance is committed to providing a decentralized financial ecosystem that rewards its users for their contributions and participation. With GFI as the governance token, users can enjoy several benefits and play an active role in shaping the future of the platform.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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