Gravity Finance GFI
GFI/USD
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Circa Gravity Finance
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.