Introducing Gravity Finance TLDR

Gravity Finance

2 min readApr 11, 2021

TLDR Key Points

Full Introduction

Click here read the Full Introduction

TLDR/Recap & Key Points

What is Gravity Finance?

Gravity Finance is a DeFi platform. It’s Governance Token has a true intrinsic value (backed by bitcoin) that employs deflationary tokenomics.

How do GFI Token Holders Earn?

Simply by owning GFI Tokens (no staking required), holders earn a share of the fees. A GFI Holder can claim their share of the fees at any time.

What do GFI Token Holders Earn?

Admin Fees generated from the platform are converted into 50% ETH and 50% wBTC. All fees are allocated to GFI token holders proportionally to their holdings.

How do GFI Holders Claim Earnings?

To claim GFI earnings, a user can simply interact with the smart contract on the website.
ETH fees can be claimed at any time.
wBTC fees can also be claimed any time.
When claiming wBTC the users GFI is burned proportionate to the amount of wBTC being claimed.

Determining the Intrinsic Value of GFI Tokens.

GFI is “Asset-backed with bitcoin”. Therefore the GFI token has a “floor-value” proportional to the amount of wBTC stored in the smart contract.

Tokenomics;

See distribution model for detailed information.

Maximum Supply 1,200,000,000

How to obtain GFI Tokens.

Promotions

Airdrops (claims), Giveaways, Competitions.

Starting soon and running until the swaps exchange goes live in July, we will be running various competitions, giveaways, airdrops (claims) etc

…more info will follow (join our Discord!)

IDO:

A limited IDO in May 2021.

40,000,000 GFI will be offered @ 0.000025 ETH each. This will form the initial Treasury (development fund).

Farming:

In July we will open the GFI Farming and Liquidity Staking Pools.
Gravity Liquidity Providers and GFI Holders can stake GFI and LP Tokens into the pools to earn more GFI Tokens.
860 Million GFI tokens will be distributed to Pools participants throughout a 12 month period.

Links

Website: https://gravityfinance.io

Medium: https://gravityfinance.medium.com

Twitter: https://twitter.com/Gravity_Finance (@Gravity_Finance)

Discord: https://discord.gg/fYAf4V3qXs

Information provided above does not represent financial, investment or trading advice and we do not recommend the purchase of any cryptocurrency or product without consulting financial advice. Please do your own research before making any investment decisions.

Some of the information above is subject to change. Details will be finalized before commencement of the presale.