Gravity Finance
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Gravity Finance Announcement Channel
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We have arranged a voice chat for Thursday 8am UK time.
This will be held on Discord and will be open to everyone to join. The purpose of this voice chat is to discuss the current Admin Fee structure and propose some changes to the Admin Fee structure moving forward.
If you are interested, please click the button.
https://discord.gg/zBXz7D6N?event=1072278430390951997

Everyone who wishes to speak on the call will be given a chance, but we need to keep it on topic and pointed, so if you raise your hand to speak please have your question ready to go so we can reply and move on to the next person etc.
Everyone, we are happy to announce that the final Silos beta round is now live for the testing group.
We have fixed quite a few minor bugs in the contracts and refined the UI in many areas (based on previous feedback).
We are very happy with it.

The one major addition is the new referrals system. You'll now be able to copy your referral link and send to others.
You'll earn 10% of all of admin fees collected by the Silo in real time, sent straight to your wallet.

We have also now set an launch date internally, pending marketing with partners and collaborators and that will be announced once we have all of our partners confirm things on their end.
We are pleased to announce that the first GFI Governance Token vote will commence from next Friday 17th February 2023.
This will be first of many voting opportunities moving forward as the Gravity Finance project transitions into a DAO, handing strategic decisions to the Gravity community and GFI Governance Token holders.

This first vote will be for a change to tokenomics, specifically how the Admin Fees are managed and distributed to GFI holders.
We have taken on a lot of feedback over the previous few weeks and will put together a list of options that suit the common themes that we have heard from the community.

This vote will use the SnapShot DApp and you will need to have your GFI in a personal wallet to participate in the voting.
More details will follow later this coming week about this, but the snapshot will be taken some time on Friday 17th February 2023.

All Project wallets (treasury, farm allocation etc) and initial founders allocations (25m each) will abstain from voting.
We've had reports of a fake Facebook account posting about Gravity stuff. See screenshot posted in our Discord by GFI_T warning people to be careful.

If unsure, always ask!
GFI Governance Vote to change how the platform Admin Fees are handled in the future.
Lots of info on Medium: https://gravityfinance.medium.com/gfi-governance-vote-8517311bd8ad
and discussions happening in the community chat on Discord: https://discord.gg/gfi

Just tweeted some info about the vote here:
https://twitter.com/Gravity_Finance/status/1626564353544560641
Very please to announce the Gravity Finance Silos will launch on 27th March 2023
https://gravityfinance.medium.com/gravity-finance-silos-80e8a1928767
At 10pm EST 9th March there is a Polygon Spaces event on Twitter Spaces, the intention is to make this into a weekly spaces event to highlight projects in the space and discuss what is happening in DeFi etc. The event is hosted by Quickswap with special guests, the one on 9th March 10pm EST is the first of many and will have a lot of guest joining. Gravity Finance will be in attendance, time allowing we may speak. These events are always recorded so if you can't make the live you should be able to catch up with the recorded event too.

https://twitter.com/QuickswapDEX/status/1633782736719585280?s=20
A new Governance Vote is active for GFI Token Holders
Info can be found here: https://gravityfinance.medium.com/governance-vote-market-maker-8811adb8d273

There is a link in the Medium post to go to the Snapshot website to vote.
For anyone who has not yet seen, Quickswap released a new Governance vote last night/early this morning,
https://quickswap-layer2.medium.com/quickswap-governance-discussion-quickperps-jump-market-making-pyth-oracles-more-307057dbbe50

So now we have finally been able to announce it as well: https://medium.com/@gravityfinance/gravity-finance-x-quickswap-fcdf314be969

Gravity Finance x Quickswap partnership on a new platform, QuickPerps. Gravity will receive a share of the trade fees, which will then be distributed to GFI token holders as part of the Gravity Admin Fees (assuming the vote passes of course)
Sorry to say we have delayed the Silo Launch from 27th March to 17th April.
See Medium article for more information about why.

The TL;DR is that we've had some changes in strategies that require us to re-work things and they simply won't be ready before 27th March, this has impacted on other updates to the main site and marketing efforts.

We are pretty confident everything will be ready end of next week for the launch, but we've pushed it out to the 17th April to ensure we also have ample time to test the new/refactored strategies and have additional time to work on marketing/cross marketing with our partners and collaborators.

https://twitter.com/Gravity_Finance/status/1639252815842353156?s=20
DAO VOTE #2 Passed with a resounding 95% in favour!
https://gravityfinance.medium.com/dao-vote-2-update-8cdaed2bd15e
We are processing two transactions today from the FARM ALLOCATION Wallet.
TEST of 5,000 GFI to the CEX and once confirmed will process the rest of the deposit (total 500k)
This 500k GFI is for the Deposit + Earn (staking) with the CEX that we are listing on.

I will edit this announcement later with the TX ID's when they have been processed.

5,000 GFI TEST deposit: https://polygonscan.com/tx/0x104b972ff32216ca8de99432663b576e186efdf0dd31c13efe14a686694bd65a
495,000 GFI Balance deposit: https://polygonscan.com/tx/0x8e8814b1a75aa1e4a6db9dafdda2a44195384967a11dba028385e67563e267f0
$GFI token has been listed on BTSE exchange
More info on Medium: https://gravityfinance.medium.com/gfi-listed-on-btse-exchange-1e8e75e01285

Deposits are live now, trading starts 2am UTC 15th April
There will be a deposit + earn (staking) with locked position on BTSE exchange, cap will be 20k GFI staked per user, it is intended to attract new users to GFI and BTSE
BTSE just announced the Deposit to Earn GFI on the CEX.
Deposits are open now, so you can deposit if you want to or you can buy GFI on the CEX tomorrow using USDC or USDT.

5k minimum - 20k maximum per user for EARN. See more info on Twitter and the BTSE blog.
https://twitter.com/Gravity_Finance/status/1646823828784308225?s=20
It's with great pleasure that we finally release Silos on the world.

It's been a very long time coming and we would like to sincerely thank our entire team and community for their perseverance, support and patience over the past 1.5 years.

https://gravityfinance.medium.com/silos-launch-defi-3-0-the-next-leap-forward-f30fe677d97c
Its been a while since we were able to push out new updates for Gravity Finance, so I am very pleased to finally be able to announce Gravity Vaults!
Live today on Polygon POS and Polygon zkEVM networks, Gravity Vaults are auto-compounders with lower fees than competitors.

More info about Vaults here on Medium, https://x.com/Gravity_Finance/status/1702254217132417200?s=20

Vaults are live now!
GFI_T and GFI_D had a good call this morning with Aragon DAO to discuss the required code/token changes to be able to use their DAO Tooling for Gravity Finance DAO. Their dev-team are currently going over our token code and fee-distribution structure, as well as some of our vault-code to see what changes will be required (if any) and then we will be able to decide on the best-path forward with regards to the transition to a full DAO.


Further, as per the ⁠announcements channel (on Discord), the latest Governance Proposal (using Snapshot) is now live.
Token-holder addresses "Snapshot" was taken over the weekend and voting is now open, voting ends 3rd December 11pm UTC, so make sure to read the proposal and vote.
https://snapshot.org/#/gravity-finance.eth/proposal/0x9ffab0746980a36e138bb54d89f67f1df85f02d0c507a02e5d90045e18b71e27
If you are not on the Discord server for Gravity, that is really the place to be and we encourage you to join the Discord server to keep up to date with things.
Gamma Strategies has reported an exploit. We are waiting for further information about this.
A lot of the Silo Strategies utilise Gamma, so as a precaution we're suggesting everyone exit (unwind LP) and withdraw their assets from Silos if you have one that is using Gamma in the strategy itself

https://x.com/Gravity_Finance/status/1742843247800492115?s=20
Hello everyone. Been an age since we posted any updates here. Some of you may not be aware, but almost everything we do, discuss, publish etc gets posted on Discord first before anywhere else, sometimes exclusively on Discord.

I would encourage anyone who is not in the Gravity Discord to go and join today so you can stay up to date.
discord.gg/gfi