Gravity Finance [OLD] - GFI

Gravity Finance [OLD]

GFI

Gravity Finance [OLD] Price, GFI Price, Live Charts and Marketcap

$ 0.00138137+0.14 %
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Price of Gravity Finance [OLD] today

The live price of Gravity Finance [OLD] is $0.001 per (GFI / USD) today with a current market cap of $914.2 USD. The 24-hour trading volume is $326.58 USD. GFI to USD price is updated in real time. Gravity Finance [OLD] is +0.14 % in the last 24 hours. It has a circulating supply of 464,137,747.00 .

What is the highest price of GFI?

GFI has an all-time high (ATH) of $0.037, recorded on 29-08-2021.


What is the lowest price of GFI?

GFI has an all-time low (ATL) of $0.00002, recorded on 28-06-2023.


Gravity Finance [OLD] market information

Market cap$641,146.00+0.14 %
Fully diluted market cap$1,657,645.00
Market rankings#3949
24h volume / market cap$326.58+0.14 %
Circulating supply464.1M GFI
Total supply / Max supply1.2B GFI
GFI - undefined

Gravity Finance [OLD] Information

The information about Goldfinch (GFI) token is:

Goldfinch (GFI) is an ERC-20 token launched on the Ethereum blockchain, serving as the native utility and governance token for the Goldfinch protocol, a decentralized credit platform aimed at providing crypto loans without requiring cryptocurrency collateral.

The token was introduced by Goldfinch, developed by Warbler Labs, with its Token Generation Event (TGE) concluding on January 11, 2022, marking the official rollout of GFI to support the protocol’s operations and community governance.

GFI has a total supply of 114,285,714 tokens, designed to incentivize participation and manage the ecosystem, with its Ethereum smart contract address documented as 0xdab396ccf3d84cf2d07c4454e10c8a6f5b008d2b.

The token’s utility includes governance, where GFI holders can vote on protocol decisions such as loan terms and ecosystem development through the Goldfinch Council DAO, as well as staking for rewards like liquidity provision in the Senior Pool and backer staking to support borrower pools.

Goldfinch operates on Ethereum, leveraging its security and interoperability to connect investors with real-world businesses, particularly in emerging markets, using a “trust through consensus” model that assesses borrowers via community evaluation rather than crypto assets alone.

The ecosystem supports both on-chain and off-chain collateral, broadening access to capital, and includes roles like Borrowers (proposing loan pools), Backers (assessing creditworthiness), Liquidity Providers (funding the Senior Pool), and Auditors (approving borrowers), with GFI facilitating these interactions.

GFI also powers community grants and participant incentives, such as liquidity mining rewards and auditor staking, where auditors stake GFI to participate in votes granting borrowers access to the protocol’s lending facilities.

The protocol raised significant funding, including $37.7 million across multiple rounds, with backing from investors like Andreessen Horowitz (a16z) and Coinbase Ventures, reflecting its aim to democratize lending and integrate real-world economic activity into DeFi.

Posts on X and web sources emphasize GFI’s role in expanding global credit access, with features like a quadratic voting system (multiplying votes by the square root of GFI used) and its availability on exchanges like Coinbase and Uniswap for ecosystem liquidity.


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