Grizzlyfi
It’s a bear market, you have to invest in projects that keeps building regardless of the market conditions
Have you heard about $GHNY, the next 100× token
1. Introduction
2. Tokenomics
3. Why you should choose Grizzly.fi
4. What makes Grizzly.fi unique
Let’s dive in
1/
Grizzly.fi is a crypto platform that simplifies investing in the best opportunities in the DeFi space. Grizzly.fi is a hub for long term capital growth. Grizzly.fi aggregates various DeFi protocols and yield sources with a focus on stablility and security.
Grizzly.fi is a tech company founded in 2021 by an experienced group of DeFi enthusiasts with the mission of helping millions of people around the world to profit from the possibilities of DeFi.
2/
Name: Grizzly Honey
Symbol: $GHNY
Price: $8.59
Total Supply: 1,211,727
Circulating Supply: 19,752
GRIZZLY HONEY ($GHNY) is the Reward, Revenue-Share and Governance token of Grizzly.fi. It operates as the fuel to the whole Grizzly.fi ecosystem. With rising TVL (Total Value Locked) on the platform, which makes the revenue-share more lucrative
GHNY token can be traded on DEX and CEX. The most popular exchange to trade GHNY is thena.fi/swap. Other options includes m.mexc.com and gate.io
3/
Grizzly.fi currently offers the following ways to earn money:
3.1 Liquidity Mining
3.2 Staking
3.1 Liquidity Mining
One way to earn passive income is Liquidity mining. Liquidity mining is a way for users to earn a steady stream of passive income by using their cryptocurrencies to provide liquidity to a Decentralized exchange (DEX). By providing liquidity one is rewarded with trading fees and governance token
Let’s dive into the various options
~ Liquidity mining in Stablecoins Hives
Stablecoins Hive refers to a liquidity pool of 2 stablecoins (e.g. USDT and BUSD) in a DEX. This is the most secure liquidity mining on Grizzly.fi because it is not subject to falling prices of the market and the risk of impermanent loss is eliminated.
How does it works?
When an investor invest into one of Grizzly.fi Stablecoins Hives it is converted into different stablecoins and sent to a DEX to work. On the DEX your Liquidity is used to process a swap by a user. An exchange fee is provided by the user when swapping one cryptocurrency to another. This exchange fee are divided among the liquidity miners according to the share provided to this pool.
~ Liquidity mining in Grizzly Hives
Grizzly Hives are the liquidity pools with $GHNY. Grizzlies can fill those Hives and earn a lot of $GHNY token because the whole platform benefits from a great depth (TVL) of this Hive which gives high APY’s.
~ Liquidity mining in Mixed
Mixed Hive is a liquidity pool where one of the currencies is a stable-coin and one a normal-coin. (for example BUSD and BNB). Mixed Hives have higher APYs but Impermanent Loss can occur. However, it’s nature is more moderate than when doing Liquidity mining with two normal-coins. Mixed Hives are perfect if you are a long-term believer of the non-stable coin in the pair, because it will accumulate itself over time.
3.2 Staking
Staking is another way to earn passive income on Grizzly.fi. Staking is similar to depositing cash in a fixed deposit account. The bank lends out your deposits and you earn interest from the money borrowed to a user. But in crypto, staking rewards are higher and requires crypto assets. Staking is the act of locking your crypto assets for a period of time which is used to help support the operation of a block chain and in return you earn more cryptocurrencies.
Let’s dive into the different options offered by Grizzly.fi
~ GHNY Staking in the Honeypot
The Honeypot is the place where smart Grizzlies stake their $GHNY tokens to get more $GHNY and $BNB back in return. The APY of the Honeypot is determined by the TVL and the performance of the platform. This is because 24% of the generated rewards by Liquidity Miners, go directly to all the staking Grizzlies in the Honeypot. When staking GHNYs you are directly exposed to the price of GHNY. Since the volatility of new Alt-Coins is high, both the upside and downside potential is the highest here.
~ GHNY Staking in the Freezer
This involves locking GHNY in the Honeypot for a predefined period of time. It cannot be taken out and in return you get a higher APY (thanks to the 4x multiplier and auto-compounding and also unlock the crypto debit cards
~ Staking in Single Asset Hives
A Single Asset Hive offers the possibility to deposit certain coins and receive interest in this coin through staking. In essence, you increase your total balance of this coin. Single Asset Hives are also considered to be very secure but usually don’t pay out as much rewards as Stable coin Hives. Obviously, you are subject to the risk of price changes of the underlying asset.
4/
4.1 One Click Invest (Zap-in)
Unlike other platform that has a complicated investment processes. With the “One Click Invest” Grizzly.fi introduces the most straightforward on boarding process ever, which saves users time and headaches.
4.2 Auto Compounding
Every investor knows: the compound effect works wonders for the patient. Grizzly.fi re-invests your rewards on a daily basis for you. This not only saves users lots of fees and makes them more money but also frees them of the hassle of manually doing it every day.
4.3 It’s a Hub
Grizzly.fi searches the crypto market for the best pools for Liquidity Mining, checks their security certificates/protocols and then contracts them to get the best possible returns for you. This eliminates the need for you to search for suitable pools or to manage dozens of different platforms – everything is put together neatly in one place.
4.4 Reduce Impermanent Loss
Grizzly.fi has its focus on stable-coin pairs and delta neutral strategies where users don’t face the risk of impermanent loss.
Conclusion
If you’re looking to make money no matter the market conditions. Grizzly.fi is the perfect platform for you.
References: https://www.grizzly.fi/en