Grabity DEX

Beyond the Universe🌌
Justification
The explosive growth of on-chain TVL (Total Value Locked) across blockchains from 2017 to 2021 clearly presents the continuous increase in demand for decentralized financial instruments. While Ethereum stands out as the dominant blockchain mainnet platform for DeFi application development, the launch of Binance Smart Chain (BSC) has heavily influenced the DeFi scene by attracting users and developers with its fast and cost-effective transactions. BSC is an EVM-compatible blockchain that leverages the Proof of Staked Authority Consensus (PoSA). The PoSA consensus algorithm is a variant of the Proof of Stake consensus. BSC network participants are required to stake Binance Coin (BNB) to become validators to earn transaction fees of valid blocks they produce. BSC achieves ~3-second block time with an average transaction fee of $0.15. The unique structure of BSC enables developers to seamlessly migrate their applications from the Ethereum Network over to BSC. As one of the fastest and the most cost-effective blockchains to use, BSC is becoming one of the most popular blockchains for DeFi applications.
However, the current BSC ecosystem lacks 1) a diversity of credible pools to supply LP tokens to generate stable yield, 2) bridges to migrate minor tokens between the Ethereum blockchain and Binance Smart Chain, and 3) permissionless stake pools for project owners. Grabity DEX addresses these issues by providing a unique DeFi ecosystem optimized for yield farmers, traders, and project owners.
Grabity DEX Intro
Grabity is a decentralized exchange (DEX) built on BSC. By leveraging the fast and cost-effective transactions of BSC, Grabity provides a non-custodial, seamless trading experience for anyone. Grabity DEX uses the automated market maker (AMM) mechanism which relies on liquidity pools rather than traditional order books. As the AMM mechanism enables non-custodial, permissionless swaps against any token pairs, it is widely considered to be more suitable for DEXs.
2 main objectives exist to create a self-sustaining exchange with an optimal trading environment: 1) maintaining deep liquidity by providing high incentives to liquidity providers, and 2) decentralizing the governance procedure to minimize the single point of failure (in this case, being the operator). Grabity Token (GBT) was designed with these objectives in mind. As the governance token of Grabity DEX, GBT will be distributed to reward liquidity providers who stake LP tokens, and a portion of trading fees on Grabity DEX will be used to purchase and burn GBT tokens from the market - hence aligning platform engagement with voting power, and platform expansion with the value of GBT.
In essence, Grabity aims to provide a simple way for long-term investors to earn passive income on their idle crypto by providing liquidity, and for traders to keep 100% ownership of their assets while executing trades at ease.

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Justification

Grabity DEX Intro