Grap Finance (GRAP)

From CryptoWiki

Basics

  • Started in / Announced on:
  • Mainnet release:
  • Based in:
  • From Rekt (29-12-2020):

"Grap Finance is a fork of YAM - who having failed to ship anything noteworthy during DeFi summer, jumped at the opportunity to gain attention by presenting themselves as a White Hat [by hacking Cover], which gained them thousands of followers in just one day."

History

Token

Launch

Token allocation

Utility

Token Details

Stablecoin

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].
  • Built on:
  • Programming language used:

Transaction Details

How it works

Mining

Staking

Liquidity Mining

Layer Two

Different Implementations

Interoperability

Other Details

Privacy Method being used

Compliance

Oracle Method being used

Their Other Projects

DEX

Governance

DAO

Treasury

Upgrades

Roadmap

  • Can be found [Insert link here].

Audits

Bugs/Hacks

  • Instead of getting hacked itself, it got known for white hacking Cover. From Decrypt (28-12-2020):

"The hackers sent some of the money back, attaching to the transaction the message, "Next time, take care of your own shit." Grap Finance, another DeFi protocol, took responsibility for the exploit."

Usage

Projects that use or built on it

Competition

Coin Distribution

Pros and Cons

Pros

Cons

Team, Funding, Partnerships, etc.

Team

  • Full team can be found [here].

Funding

Partners

(:

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