GrizzlyFi Crypto Platform

There are a few ways we can invest in Grizzly. First of all, In the grizzly platform, hives represent the liquidity pools. Four different types of hives exist on this platform: Stablecoin Hives, Grizzly Hives, Mixed Hives, and Single Asset Hives.

The first one is stablecoin Hives. Stablecoin Hives are a risk-free way for investing because they are two stablecoins so you do not worry about impermanent loss which is a risk in DeFi liquidity pools with stablecoin pools. You click on and choose one of the four stablecoins Hives.

Grizzly Hives are another liquidity pools with high APY and platform governance token $GHNY is used.

Mixed Hives are another option for investing on the Grizzly finance platform. Mixed Hives have not only higher APY but also a little bit higher chance of impermanent loss. In this method, one of the currencies is a stable coin and the other one is a normal coin.

A Single Asset Hive in Grizzly Finance allows users to deposit a specific coin or token and earn interest in the same coin through staking.

To talk about the tokenomics of Grizzly, As the native token of the Grizzly.fi platform, $GHNY serves as a reward mechanism for generating profits on the platform. When users participate in activities such as liquidity mining, they have the opportunity to earn $GHNY tokens as a form of reward. Other ways to have GHNY: are staking, affiliate system (referring someone on Grizzly), and buying on exchange.

Furthermore, Grizzly.fi has plans to introduce a Crypto Debit card, which will allow users to easily spend their yields. Users can pre-order the card by freezing $GHNY tokens, presumably as a way to secure their place in obtaining the card once it becomes available. Until now, there is no hack or exploit information about grizzly finance.

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