Gravity Finance [OLD] Price (gfi/CAD)
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![Gravity Finance [OLD]](/cdn-cgi/image/width=3840,quality=80,format=auto/https://coin-images.coingecko.com/coins/images/15871/large/GFI-Icon.png?1696515486){kind=icon}
Gravity Finance [OLD] market data
What Is Gravity Finance [OLD] (GFI)?
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.