Gravity Finance
GFI

0.002969
$
1.77 %
Change 24h
Market Cap
$ 1,630,312
Volume 24h
$ 662.80
Circulating Supply
549,305,082
Total Supply
1,199,999,974
GFI
$
# Exchange Pair Price Volume 24h

Description

Gravity Finance is a suite of DeFi products on the Polygon Network (previously Matic). Current products include a Polygon Launchpad and Yield Farms. Production is underway on an AMM/Swaps Exchange, Vaults and Automated Investment Strategies, Derivatives Trading and other defi products. GFI is the governance token for Gravity Finance. GFI holders will automatically be eligible to receive admin-fees from all of our defi products by simply holding GFI in their wallets, no need to stake tokens to earn fees. Admin fees will be paid-out as 50% ETH and 50% BTC through smart contracts. The ETH portion is available for GFI holders to claim at any time, whereas the BTC portion accrues in a smart contract forming the tokens intrinsic value, making GFI ""backed by Bitcoin"" through admin fees that GFI holders can redeem at any time through a GFI burn-function.