Gravity Finance (GFI) DeFi Rating, Reviews and Details

Market

Pair

Price

Volume 24H

24H (price)

24H (volume)
LBank

Pair GFI/USDT 3 one year ago

Market $ 0.0026

Volume 24H $ 217.31

24H (price) -

24H (volume) -

To be announced

Token Details

Ticker

GFI

Total supply

1,200,000,000

Additional Details

About Gravity Finance

The DeFi space has exploded in the past 12 months with a large amount of innovation in such a short time frame. As DeFi enthusiasts, we took a step back and asked, what would be our ideal DeFi Platform. We identified the following items during that process:
● Cost — Fees needed to be lower, allowing anyone to interact frequently, with no need to think about gas-cost implications.
● Token Value — Governance Tokens should have an underlying intrinsic value that grows with the project.
● Token Price — Mechanisms to ensure a token’s price matches, or exceeds its intrinsic value over time.
● Platform Earnings — Fees earned by Governance Token Holders should be in a different currency to the Governance Token, otherwise the price of that token can be subject to downward market pressure.
● Smart Contract Risk — To earn from the platform, staking of Governance Tokens should not be required. Ownership alone should entitle this.
● Automation — Reduction (or removal) of manual tasks required to maximise and compound earning potential.
At first glance, Gravity Finance may appear very similar to other DeFi platforms. In fact, the core features are very similar, however we aim to improve on the items mentioned above, in a new and innovative way!!
This article is intended to offer an introduction to the project. Specific details about the platform features will be released as they become available.

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