Grizzly.fi — a crypto platform that makes it easy to invest in the best opportunities in the DeFi space.
Mining platform Grizzly.fi
Grizzly.fi starts by making liquidity mining accessible and will continually expand its portfolio. With Grizzly.fi, users earn money whether prices go up or down. For Grizzly, a bear market is not a threat, but an opportunity. Grizzly.fi starts out as a handy liquidity mining aggregator. Liquidity mining allows investors to earn stable income in bull and bear markets. The aggregator is launching on Binance Smart Chain and will expand to other chains shortly thereafter.
Other features:
| 1. | Developers look for the best liquidity mining opportunities on the market and combine them in one manageable place. |
| 2. | The income for the investor increases due to the automatic reinvestment of the received profit (automatic interest calculation). |
| 3. | Helping liquidity miners to avoid or mitigate the risk of "fickle loss". |
Grizzly Honey ($GHNY) token — the native token of the Grizzly.fi platform. It is paid out as a reward when you make a profit on Grizzly.fi. The Grizzly Honey token is closely tied to platform performance.
You don't need GHNY to participate, but by hosting it on the Honeypot, you can participate in the development of the platform. Thus, you can profit not only by mining liquidity, but also by owning Honey Token. However, Honey Token is subject to price fluctuations and its value can rise and fall.
The main advantage of Grizzlies staking is that you can purchase a lot of GHNY tokens and earn BNB on the side. Since the token becomes more valuable as the platform is used more often, it is more profitable to get a larger share of the tokens early on and benefit from platform growth. Users can also take advantage of the affiliate system and earn money by attracting investors.
Various types of awards
To understand exactly what different strategies do, you need to understand two different types of rewards. The total APR, generated by the decentralized exchange, consists of LP rewards (also, known as commission fees) and block rewards (also, known as Farm Base APR).
If you are mining liquidity without Grizzly.fi, you need to have the same amount of currency A and currency B and combine them together into an LP token. This gives the decentralized exchange liquidity to process swaps. The transaction fee, paid by the trader, performing the swap, goes into LP tokens. Thus, LP rewards are automatically reinvested without any influence from Grizzly.fi.
Blockrewards — tokens that are additionally minted by a decentralized exchange to further incentivize the provision of liquidity by increasing the overall annual interest rate.