Grizzly Swap is a Fullsail Finance fork project and aims to recreate the success of Fullsail Finance while innovating it at the same time.
Features available on Grizzly Swap
- Automatic Emission Reduction (3% reduction every 8h)
- Buyback Burning
- Transfer Tax Burning (2% per transaction)
- Buy Back and Burn (25% of deposit fee will be used)
- Migrator Code Removed
- Timelock activated
- Layered Farming
- Lottery
Road Map:
- Techrate Audit (Ongoing)
- Audits from CertiK and MythX (after launch)
- Auto Emission Reduction
- Transfer Tax Burn
- Coingecko Listing (Ongoing)
- Layered Farming (Coming Soon)
- Lottery (Coming Soon)
Automatic Emission Reduction:
We recognize that deflationary steps are needed with an initial emission rate of 1 $GRZ per block. Deflationary pressure would be generated by implementing Automatic Emission Reduction, making $GRZ more expensive. Until it reaches 0.1 $GRZ per block, the emission rate will be automatically reduced by 3% per 9,600 blocks (8 hours).
Unlike other yield farms, where developers manually reduce emission rates according to their own desires, our emission rate reduction logic is coded in the smart contract and will be applied once every 8 hours.