Gravity Finance
GFI

0.01246
$
3.50 %
Change 24h
Market Cap
$ 4,273,490
Volume 24h
$ 81,568
Circulating Supply
342,872,000
Total Supply
1,200,000,000
GFI
$
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.