First SPAWN: Gorilla Fi (G-Fi)
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The Undertakers are proud to offer the first Spawning Pool offering on our platform with G-Fi.
What is G-Fi?
$G-Fi is a reflect token on the Binance Smart Chain. A reflect fee is applied to all $G-Fi transactions and redistributes tokens directly to wallets of holders. There is no need for staking or farming websites since the reflect feature happens directly on-chain. Whenever you buy/sell or transfer your $G-Fi tokens to different addresses, a portion of the tokens are redistributed to all other holders while another portion is burned. Liquidity has been locked forever, and there are no more features coming to the project. It is the purest reflect token out there.
Where did it come from?
The G-Fi project was born out of a rugged project (yAPE — gorilla yield) for which we have already dug a GRAVE. Seeking to resurrect the community out of the pit, their lead developer and founder (silverback, also a core member of the RugZombie team) attempted first to revive the Gorilla Yield token to no avail. In its place, he decided instead to launch a new token for the community that was victimized by yAPE and who wanted to keep the community going and restore value.
Why Select G-Fi?
Because of Gorilla-Fi’s origin of resurrecting value out of a rug-pulled project, we wanted our first SPAWN to reflect that value. Knowing the main founder, the codebase and establishing trust with the leader of the project made this one a no-brainer to list.
About the NFT
The NFT was commissioned by @deadtunnelrat. If you liked our zSHARK NFT, you are going to love it.
About the Pool
The pool will be active for 90 Days. Please note that NFT minting will be shut off at that time. Time to MINT the NFT will be 45 days, which means you must be in the pool for at least half the time. If you deposit into G-FI pool on Day 45 or later, you may not receive the NFT because the timer is set to expire upon 90 days.
You are free to deposit and withdraw at any point in the pool, but the NFT is rewarded only to those who meet the timer criteria. Withdrawing any amount of your stake will reset your timer, so be careful.
Just as our GRAVES have withdrawal timers, our SPAWNING POOLS also have these timers to incentivize long-term staking.
Harvesting your reward of $G-Fi tokens will not adversely affect your NFT timer in any way.
Originally published at https://www.publish0x.com.