# Grabity DEX ![Beyond the Universe🌌](/files/wvDpW0NodwOuVCXqukc0) ### **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. # Create a Wallet To interact with the Grabity Web Application, you'll need to create a wallet that supports the BSC Network. Although Grabity supports a diversity of wallets, we recommend Metamask for desktop users, and Trust Wallet for mobile users. Follow the guide below to set up your wallet. {% hint style="danger" %} **Cautions when creating a wallet:** * Download the latest version of the wallet of your choice from an official source (read the instructions below for official links). * Store your recovery phrases somewhere safe. Losing your recovery phrases will result in loss of funds! * NEVER share your recovery phrases with anyone! Only scammers will ask you for recovery phrases. Stay vigilant! {% endhint %} {% tabs %} {% tab title="MetaMask" %} ![](/files/6eIhpmvrcgdgC6qPVxWF) MetaMask is the most widely used open-source web-extension wallet that supports various blockchains including BSC. However, as MetaMask is a wallet that prioritizes Ethereum support by default, it requires extra steps to use BSC. Although adding the BSC network to MetaMask can be a confusing experience for beginners, we strongly recommend MetaMask as your desktop wallet. * [Download MetaMask](https://metamask.io/download.html) * [Add BSC to MetaMask](https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain) {% endtab %} {% tab title="Trust Wallet" %} ![](/files/Qd6aq9j4CqvrMwLLQYRE) Trust Wallet is a mobile wallet backed by Binance, one of the largest centralized cryptocurrency exchanges in the world. As a multichain wallet, Trust Wallet supports a variety of networks by default, meaning that no additional setup is required to use BSC. We strongly recommend Trust Wallet as your mobile wallet. * [Download Trust Wallet](https://trustwallet.com/download-page) * [Enable BSC on Trust Wallet](https://academy.binance.com/en/articles/connecting-trust-wallet-to-binance-smart-chain-bsc) {% endtab %} {% endtabs %} Once you've created a wallet and added the BSC network, make sure to top up some Binance Coin (BNB) to pay for transaction fees! # Connect Your Wallet Now that you've successfully created a wallet, you're ready to connect your wallet to Grabity DEX! Follow the guide below to start interacting with Grabity DEX. {% tabs %} {% tab title="MetaMask" %} ![](/files/6eIhpmvrcgdgC6qPVxWF) 1\. Change your network on MetaMask to BSC. ![](/files/EhndPYTzXdw86fyMJeiE) 2\. Access [Grabity DEX ]()and click on the \[Connect] button on the top right. ![](/files/xjKGyrm8KkmDsFcBtqk4) 3\. A list of wallets will appear. Click on \[MetaMask] to initiate the connection. ![](/files/58IzP8agHp7zxTOt5tiY) 4\. MetaMask will prompt you to choose your account(s) to connect with Grabity DEX. Select the account(s) of your choice and click \[Next]. Click \[Connect] on the following page to complete your connection. ![](/files/YfmcZZjA6sxl8PgRheMt) ![](/files/JqFIvUZLf9L8ILmcPRTi) 5\. You've successfully connected your wallet to Grabity DEX! You will now see your wallet address where the \[Connect] button was. You're all set to start trading! ![](/files/EvZilPsP6Mh69hef07RM) {% endtab %} {% tab title="Trust Wallet" %} ![](/files/wcbIc31cxmCprTcm8isb) 1\. Access [Grabity DEX](https://grabity.org/app/) and click on the \[Connect] button on the top right. ![](/files/STqFzjtDnSn92s2xKCki) 2\. Click on \[WalletConnect] to initiate the connection. ![](/files/Me2QabY565puL0c4dh6H) 3\. A QR code will appear for you to scan. {% hint style="danger" %} DO NOT scan the image below. Please scan the QR code on your own desktop. {% endhint %} ![](/files/k6w1LgCkQxmnfv2JKjZe) 4\. Launch Trust Wallet on your mobile device and locate \[WalletConnect] at the \[Settings] menu. ![](/files/N6kXGi3PX4AfiKe4AFqG) 5\. Click on \[New Connection] to initiate a new connection. ![](/files/mOtTDYCSIWgs9ex14695) 6\. Scan the WalletConnect QR code generated in Step 4. ![](/files/ZvNPdObHijdAyc0XR39b) 7\. You've successfully connected your wallet to Grabity DEX! You will now see your wallet address where the \[Connect] button was. You're all set to start trading! ![](/files/OSBigZUkf8Xk1pbI8jOB) {% endtab %} {% endtabs %} # Dashboard ![Grabity at a Glance 👀](/files/04nTQWnI86S322XMGOH5) Once you visit our official [Web Application](https://grabity.org/app/), you'll be landing on the Dashboard page. You'll find useful information including: * The market price, the circulating supply, and the market cap of GBT * The contract address of GBT * Your current rewards * Your GBT Balance * Total Value Locked and Total Value Warped on Grabity DEX * Current GBT Emission per block Think of Dashboard as your control panel. Upon unlocking your wallet, you can even harvest all of your pending rewards at once! # Trade ![Swap tokens in an instant 🔄](/files/tuYS1MfYcSjYwgjOcZhl) ### Grabity AMM Trading is the core feature of Grabity that enables decentralized, non-custodial trades of BEP-20 tokens for everyone. As an automated market maker (AMM), Grabity DEX provides a seamless trading experience based on the constant exchange function: > For each liquidity pool containing tokenA and tokenB, > > *x* \* *y* = *k* > > where, > > *x* = tokenA balance > > *y* = tokenB balance > > *k* = constant Based on the formula above, whenever tokenA is purchased, the price of tokenA increases as the balance of tokenA within the liquidity pool decreases. Conversely, when tokenA is sold, the price of tokenA decreases as the balance of tokenA within the liquidity pool increases. Based on this mechanism, the total value of each token within a pool remains the same. We recommend [this article by Gemini ](https://www.gemini.com/cryptopedia/amm-what-are-automated-market-makers#section-automated-market-maker-variations)for an in-depth analysis of AMMs. ![Add liquidity to receive LP tokens 💧](/files/9B9FcBQswC8pFKA61qOz) ### Liquidity Pools Trading is only available for token pairs with sufficient liquidity in liquidity pools. Naturally, minimizing slippage for traders relies heavily on maintaining deep liquidity in liquidity pools. To incentivize liquidity providers, a portion of trading fees on Grabity DEX will be directly rewarded to liquidity providers who receive Liquidity Provider (LP) tokens by supplying BEP-20 to liquidity pools. The amount of LP tokens minted to the liquidity provider is proportional to the provider's share of the pool. Out of a trading fee of 0.3% charged to all trades executed on Grabity DEX (excluding the network fee charged by BSC), 0.18% will be rewarded to liquidity providers upon burning their LP tokens to remove their tokens from liquidity pools, and the remaining 0.12% will be sent to the GBT Buy-back Fund. The trading fee and its distribution can be changed in the future through governance votes. # How to Trade Follow our guide below to start trading BEP-20 tokens on Grabity! {% tabs %} {% tab title="Trading" %} {% hint style="danger" %} Before you start trading on Grabity DEX, there are some risks you need to be aware of: * Trading assets with low liquidity will result in a massive price impact, meaning that you could end up buying/selling tokens at an unreasonable price. Remind yourself to double-check the price impact of the swap you're executing. * Trades on Grabity DEX are executed on-chain, meaning that it takes a few seconds for the blockchain to process your trade after you confirm your swap. During a volatile market, the amount of tokens you end up receiving may vary due to high trading volumes and price fluctuation. This phenomenon is called "slippage". You can avoid slippage by manually setting your slippage tolerance by clicking on the \[Settings] icon on the swap page. * Your trade will automatically revert if it is pending for more than the transaction deadline. You can adjust the transaction deadline by clicking on the \[Settings] icon on the swap page. {% endhint %} 1\. [Connect your wallet.](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the trading page by clicking on the \[Swap] submenu under the \[Trade] menu on the navigation bar. 3\. Select the token you want to trade from the \[From] section. 4\. Select the token you want to receive from the \[To] section. {% hint style="info" %} Can't find the token you're looking for? You can search for tokens by manually entering the contract address of tokens at the search box in the drop-down menu. {% endhint %} 5\. Once you select both tokens, your balance and the conversion ratio (price) will automatically load up. Enter the number of tokens you want to swap. Make sure to double-check the minimum amount of tokens to be received, the price impact, and the liquidity provider fee (0.3%) before you click on the \[Swap] button. 6\. Confirm your swap. 7\. Your swap will be executed, provided that the exchange is valid within your slippage settings and that you have enough BNB in your wallet to pay for the transaction fee. {% endtab %} {% endtabs %} # How to Add/Remove Liquidity Follow our guide below to deposit BEP-20 tokens in liquidity pools to earn trading fees on Grabity! {% tabs %} {% tab title="Adding Liquidity" %} {% hint style="danger" %} Before you start providing liquidity on Grabity DEX, please review the risks of impermanent loss that exists while holding LP tokens to earn passive income: * Impermanent loss (IL) occurs as the number of tokens in liquidity pools changes during volatile markets. Let's assume that there's a liquidity pool for tokenA-tokenB. If the price of tokenA increases relative to tokenB, the quantity of tokenA within the liquidity pool will decrease while the quantity of tokenB increases. If you decide to redeem your assets in the liquidity pool by returning your LP tokens, you will receive less tokenA and more tokenB than your initial deposit. Comparing that to holding both tokens in your regular wallet, there's a slight loss. The greater the change in price, the bigger IL you will be exposed to. Although IL is somewhat mitigated by trading fees that you receive for holding LP tokens, you should be aware of potential losses you may suffer. * We recommend [this article by Binance Academy ](https://academy.binance.com/en/articles/impermanent-loss-explained)for an in-depth analysis of impermanent loss. {% endhint %} 1\. [Connect your wallet.](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the liquidity page by clicking on the \[Liquidity] submenu under the \[Trade] menu on the navigation bar. 3\. Click on \[Add Liquidity]. 4\. Select two tokens to provide liquidity. * If you're the first liquidity provider, you will have to set the initial ratio (price) of the pool. Be sure to set the ratio at a reasonable price to avoid extreme IL. * If you're providing liquidity to an existing pool, the ratio will be automatically applied based on the current prices of tokens. 5\. After reviewing the prices and your share, approve tokens by clicking on the \[Approve \] button. You will be prompted to authorize your transaction through the wallet you've connected with. 6\. Click on \[Supply] and sign your transaction to complete your liquidity provision. 7\. Once your transaction is completed, you will receive LP tokens that represent your shares of the pool. {% endtab %} {% tab title="Removing Liquidity" %} 1\. [Connect your wallet.](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the liquidity page by clicking on the \[Liquidity] submenu under the \[Trade] menu on the navigation bar. 3\. Select the pair to remove liquidity under \[Your Liquidity]. 4\. A pop-up displaying the details of your liquidity will appear. Click \[Remove] to initiate removal. 5\. Select the percentage of your liquidity to remove and click \[Approve]. You will be prompted to authorize your transaction through the wallet you've connected with. 6\. Click on \[Remove] and sign your transaction to complete your liquidity removal. 7\. Your LP tokens will be burned, and you will receive tokens proportional to your share of the pool (your deposit + trading fee accumulated in the contract). {% endtab %} {% endtabs %} # Refinery ![Stake LP tokens to earn GBT 💰](/files/Iu2qDa0iesk006gu8VJM) Refinery is a pool of yield farming contracts for LP (Liquidity Provider) tokens acquired by supplying liquidity on Grabity DEX. Users can stake their LP Tokens on Refinery to earn GBT tokens in addition to the trading fee which accumulates on the liquidity pool of Grabity AMM. Each eligible LP token will have its dedicated staking contract. In order to have a dedicated Refinery staking contract, a proposal must be submitted to Grabity Governance for approval. This decision-making structure ensures that new GBT emissions will be allocated to honest liquidity providers who make legitimate contributions to the GBT ecosystem. APR for each farm will vary depending on 2 factors: 1) the multiplier applied to each contract, and 2) the total number of LP tokens staked in each contract. The APR for A-B (tokenA-tokenB) is calculated as follows: > For pool tokenA-tokenB, > > APR (%) = {*a*\*(*b*/*c*)\**x*}/*y*\*100 > > where, > > *a* = Yearly GBT Refinery emission in USD > > *b* = Multiplier of pool tokenA-tokenB > > *c* = Sum of multipliers across all Refinery pools > > *x* = Your share in pool tokenA-tokenB in decimals > > *y* = Your deposit in pool tokenA-tokenB in USD Grabity DEX takes care of the math behind the scenes and displays the estimated APR for each contract. Please note that APR is subject to change as it is simply an estimate based on the latest data. Farming rewards will be updated per block generation (approximately a 3-second interval for BSC). Users can harvest earned GBT anytime without having to unstake their LP tokens. The design of Refinery incentivizes users to provide more liquidity on Grabity DEX to create a seamless, decentralized trading environment with optimal prices and minimum slippage. # How to Stake/Unstake LP Tokens Follow our guide below to stake/unstake LP tokens in Refinery to earn rewards to redeem your LP tokens! {% tabs %} {% tab title="Staking LP Tokens" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the yield farming page by clicking on the \[Refinery] menu on the navigation bar. 3\. Locate the Refinery contract that supports the deposit of your LP tokens. 4\. Enable the contract by clicking on \[Enable]. You will be prompted to authorize a transaction through the wallet you've connected with. 5\. Click on the \[+] button to interact with the \[Stake LP Tokens] pop-up. 6\. Select the amount of LP tokens to stake by either manually entering the quantity or clicking on the percentage buttons below. 7\. Click \[Confirm] and sign the transaction to complete the staking process. 8\. Your rewards will be displayed on the \[GBT Earned] section. {% endtab %} {% tab title="Unstaking LP Tokens" %} 1\. [Connect your wallet.](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the yield farming page by clicking on the \[Refinery] menu on the navigation bar. 3\. Locate the Refinery contract that holds your LP tokens. 4\. Click on the \[-] button to interact with the \[Unstake LP Tokens] pop-up. 5\. Select the amount of LP tokens to unstake by either manually entering the quantity or clicking on the percentage buttons below. 6\. Click \[Confirm] and sign the transaction to complete the staking process. 7\. Your LP tokens and any unharvested rewards in the contract will be redeemed to your wallet. {% endtab %} {% endtabs %} # How to Harvest Refinery Rewards Follow our guide below to harvest rewards for staking LP tokens in Refinery! {% tabs %} {% tab title="Harvesting Refinery Rewards" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the yield farming page by clicking on the \[Refinery] menu on the navigation bar. 3\. Locate the Refinery contract that holds your unclaimed rewards. 4\. Click on the \[Harvest] button. 5\. Your wallet will prompt you to sign a transaction. Authorize the transaction. 6\. Your rewards will be deposited into your wallet once the transaction is complete. {% endtab %} {% endtabs %} # Pools ![Stake GBT to earn tokens 🍯](/files/Og2BW2yLaG40t2fQsRe7) Contracts in Pools allow users to stake GBT to earn various tokens without lock-up. Projects that apply for dedicated Refinery Contracts are required to supply a specific amount of project tokens to reward GBT stakers in return for liquidity exposure. Contracts in Pools exist to decrease the circulating supply of GBT while opening up opportunities for GBT holders to share revenue generated on Grabity DEX. Contracts in Pools are IL-free as they are single-asset staking contracts. # How to Stake/Unstake GBT Follow our guide below to stake/unstake GBT in Pools to earn rewards or to claim your deposit! {% tabs %} {% tab title="Staking GBT" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the single-asset staking page by clicking on the \[Pools] menu on the navigation bar. 3\. Choose the Pools contract to deposit your GBT based on the reward you'd like to receive. 4\. Enable the contract by clicking on \[Enable]. You will be prompted to authorize a transaction through the wallet you've connected with. 5\. Click on the \[+] button to interact with the \[Stake GBT Tokens] pop-up. 6\. Select the amount of GBT to stake by either manually entering the quantity or clicking on the percentage buttons below. 7\. Click \[Confirm] and sign the transaction to complete the staking process. 8\. Your rewards will be displayed on the \[GBT Earned] section. {% endtab %} {% tab title="Unstaking GBT" %} 1\. [Connect your wallet.](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the single-asset staking page by clicking on the \[Pools] menu on the navigation bar. 3\. Locate the Pools contract that holds your GBT tokens. 4\. Click on the \[-] button to interact with the \[Unstake GBT] pop-up. 5\. Select the amount of GBT to unstake by either manually entering the quantity or clicking on the percentage buttons below. 6\. Click \[Confirm] and sign the transaction to complete the staking process. 7\. Your GBT deposit and any unharvested rewards in the contract will be redeemed to your wallet. {% endtab %} {% endtabs %} # How to Harvest Pools Rewards Follow our guide below to harvest rewards for staking GBT in Pools! {% tabs %} {% tab title="Harvesting Pools Rewards" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the single-asset staking page by clicking on the \[Pools] menu on the navigation bar. 3\. Locate the Pools contract that holds your unclaimed rewards. 4\. Click on the \[Harvest] button. 5\. Your wallet will prompt you to sign a transaction. Authorize the transaction. 6\. Your rewards will be deposited into your wallet once the transaction is complete. {% endtab %} {% endtabs %} # Stake Swap ![Stake & burn assets to earn rewards 🔥](/files/Ja5Jw66pG181XVtpU1KB) Stake Swap is a unique feature of Grabity DEX in which 100% of tokens staked within a contract are burned in return for high rewards. Stake Swap contracts last during a specific time frame. Stake Swap was designed for 2 main purposes: 1) provide project owners with an effective tool to swap old project tokens to new project tokens with a modified vesting schedule, and 2) create a deflationary mechanism for GBT. Stake Swap contracts are executed in the following steps: 1. User deposits a token in a Stake Swap contract. 2. The quantity of tokens deposited into the contract by the user is displayed on the corresponding contract details. 3. Rewards distributed per block are credited to the user proportional to the total deposit. 4. Once the Stake Swap contract expires (when all rewards are distributed), all tokens deposited in the contract are burned. As the first use case of Stake Swap, Grabity will launch a dedicated Stake Swap contract to swap existing GBT ([0xa4b0574d8634b9514e89174c67400f5f947d1dd1](https://bscscan.com/token/0xa4b0574d8634b9514e89174c67400f5f947d1dd1)) to new GBT ([0x7442c62db4a07615f822a8a43d318eaef9edf0c2](https://bscscan.com/token/0x7442c62db4a07615f822a8a43d318eaef9edf0c2)). Over the past years, a notable amount of GBT has been lost due to bankruptcy of centralized exchange where GBT was listed on and short-term holders not following the previous swap guidelines. To address this issue, Grabity has issued a new token as a BEP-20 standard to reward loyal holders with lost tokens by committing the quantity of tokens in circulation plus the quantity of lost tokens into the Stake Swap reward pool. Leveraging Stake Swap enables Grabity Foundation to redesign the token allocation and apply an improved vesting schedule to drive positive market dynamics for GBT. # How to Stake & Burn Tokens Follow our guide below to stake & burn tokens in Stake Swap contracts to earn rewards! {% tabs %} {% tab title="Staking GBT" %} {% hint style="danger" %} Before depositing your assets into a Stake Swap contract, please understand that 100% of your deposited assets will be burned in return for reward tokens over the remaining duration of the pool. Deposits in Stake Swap contracts are irreversible! {% endhint %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Click on the \[Stake Swap] menu on the navigation bar to view contracts. 3\. Choose the Stake Swap contract to deposit your token. 4\. Enable the contract by clicking on \[Enable]. You will be prompted to authorize a transaction through the wallet you've connected with. 5\. Click on the \[+] button to interact with the \[Stake & Burn Tokens] pop-up. 6\. Select the amount of tokens to stake by either manually entering the quantity or clicking on the percentage buttons below. 7\. Click \[Confirm] and sign the transaction to complete the staking process. 8\. Your rewards will be displayed on the \[Earned] section. {% endtab %} {% endtabs %} # How to Harvest Stake Swap Rewards Follow our guide below to harvest rewards for staking & burning tokens in Stake Swap contracts! {% tabs %} {% tab title="Harvesting Stake Swap rewards" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Click on the \[Stake Swap] menu on the navigation bar to view contracts. 3\. Locate the Stake Swap contract that holds your unclaimed rewards. 4\. Click on the \[Harvest] button. 5\. Your wallet will prompt you to sign a transaction. Authorize the transaction. 6\. Your rewards will be deposited into your wallet once the transaction is complete {% endtab %} {% endtabs %} # Warp ![Bridge your assets across blockchains 🌉](/files/mzRRdmhQ5tvdTQrbznDz) Warp supports transfers of tokens across different blockchains, enabling users to migrate tokens, serving as a “bridge” between blockchains. The core value of Warp lies in its ability to create “Warped Tokens” on Binance Smart Chain. This enables token issuers to take advantage of the security and decentralization offered by the blockchain in which the token was originally issued on, while leveraging the cost-effectiveness and the high transaction speed of Binance Smart Chain. Warp will initially support the ETH-BSC migration, with plans to support other EVM-compatible blockchains with high demands in the future. Additions to the list of supported assets will be decided based on on-chain votings on Grabity Governance. A user must hold a specific amount of GBT tokens to propose a new supported asset, and the proposal will be either accepted or rejected by GBT holders who will evaluate the proposal based on the sustainability and integrity of the asset. Proposals will only accepted from the issuer wallet of the token. Warped Tokens will be minted through Warp by the following process: 1. Upon the approval of Grabity Governance, tokens will be minted on BSC with the same quantity of supplied tokens on its original blockchain. Newly minted BEP-20 project tokens will be sent to the wallet from which the tokens have been supplied. 2. Users who wish to migrate their tokens from another chain to BSC must send their tokens to a designated contract address to lock their tokens on its original blockchain. 3. Once the transaction is approved, the corresponding quantity of BEP-20 project tokens will be minted and sent to the user’s address. 4. If the user wishes to convert their BEP-20 project tokens back to the original blockchain, they will send the tokens to a contract address which will lock the tokens before allowing the user to redeem their tokens frozen on its original blockchain. This structure ensures that the protocol will always be able to allow users to swap back and forth between BSC and its original chain, and at the same time, allows users to engage in DeFi instruments built on BSC. {% hint style="warning" %} Warp will initially support BSC to ETH transfers only. More bridges will be announced in the near future. {% endhint %} # How to Warp Tokens Follow our guide below to stake/unstake GBT in Pools to earn rewards or to claim your deposit! {% tabs %} {% tab title="Warping Tokens" %} 1\. [Connect Your Wallet](broken://pages/qyQpo7a4Pl5Q8llB4g8i) 2\. Access the bridge by clicking on the \[Warp] menu on the navigation bar. 3\. Select the token to migrate using the drop-down menu. 4\. Choose the network to migrate from and to. 5\. Enter the amount of tokens to warp by either manually entering the quantity or clicking on the percentage buttons below. 6\. Click the \[Warp] button and sign the transaction. 7\. Once your warp request is processed, your Warped Tokens will appear in your wallet. {% endtab %} {% endtabs %} # Nova ![The easiest way to become an angel investor 😇](/files/4YqVQ7Q3sr5kDifLmiJS) Nova is a crowdfunding platform for aspiring projects aiming to launch on BSC. Nova will enable users to gain early access to project tokens by pledging GBT-BUSD LP tokens. Pledged GBT-BUSD LP tokens will be locked in a smart contract until the sale is completed. Upon completion of the sale, raised LP tokens will be used to redeem GBT and BUSD from its liquidity pool on Grabity AMM. While redeemed BUSD will be sent to the project team, redeemed GBT will be burnt and excluded from circulation forever. Nova leverages the FSFC model for all sales. Nova’s structure was designed with 3 core ideas in mind: 1. Exposing GBT-BUSD liquidity providers to opportunities to invest in auspicious projects. 2. Providing project teams with an opportunity to secure funds in stable coins while committing them to contribute to the Grabity Ecosystem by burning GBT. 3. Continuous demand and growth of GBT. Upon the completion of a Nova sale, a Refinery contract will be launched for ProjectToken-GBT LP tokens. Nova will be the optimal fundraising platform for projects aiming to hold a fair token launch while incentivizing token holders to stay engaged in the project by providing a dedicated yield farming contract. {% hint style="warning" %} Nova Launchpad is still under development. Nova is scheduled to launch in Q1, 2022 {% endhint %} # GBT ![Grabity (GBT) 🪐](/files/lz3IV84iAYxk6nTWJk1g) * **Name:** Grabity * **Symbol:** GBT * **Contract Address:** [0x7442c62db4a07615f822a8a43d318eaef9edf0c2](https://bscscan.com/token/0x7442c62db4a07615f822a8a43d318eaef9edf0c2) * **Chain:** Binance Smart Chain (BEP-20) * **Overview:** GBT is the native governance token of Grabity. * Liquidity Provision Incentives: Provide liquidity on Grabity and stake LP tokens to earn GBT * Long-term GBT Holding Incentives: Stake GBT on Pools to exercise Governance Voting Rights on proposals and earn GBT * Protocol Growth Alignment: Align Grabity's ecosystem growth and GBT's value through buy-back & burn based on trading fees * Nova IDO Participation: Projects launching on Nova IDO will require investors to stake a certain amount of GBT # GBT Distribution ![](/files/do1rLv0jZcNqeFC32wK4) | Use | Pct. | Quantity ($GBT) | Vesting Schedule | Remarks | | ----------------- | -------- | --------------- | ----------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------------- | | GBT Stake Swap | 35% | 35,000,000 | 1.66 GBT per block (approx. 47,800 GBT per day \| 2-year linear distribution) | Allocated to the Stake Swap contract for a token swap for early-stage investors | | Foundation | 20% | 20,000,000 | 10-year linear distribution with a 1-year cliff from TGE | Allocated to the Grabity Foundation for project management & operations | | Refinery | 20% | 20,000,000 | 0.32 GBT per block (approx. 9,200 GBT per day \| 6-year linear distribution) | Allocated to Refinery contracts for liquidity incentivization | | Pools | 10% | 10,000,000 | 0.16 GBT per block (approx. 4,600 GBT per day \| 6-year linear distribution) | Allocated to Pools for Grabity staking incentivization | | Liquidity Reserve | 10% | 10,000,000 | No lock-up | Allocated for liquidity provision on trading pools on decentralized exchanges and order books on centralized exchanges | | Marketing | 5% | 5,000,000 | 1-year linear distribution starting from TGE | Used for marketing and airdrops for promotion programs | | **Total** | **100%** | **100,000,000** | | | ![](/files/2J2TiwN7PpUPo6smWefC) # GBT Emission The diagram below is a graphical representation of the GBT Emission. ![](/files/qyZ749o6AiG4sYWlXQnR) # Contact ![](/files/G1nFLqFtgxFLjVevfFTa) Grabity is open to partnering with aspiring project owners who are seeking to source deep liquidity or raise capital. If you're interested in formally listing a token on Grabity, creating new pools on Refinery, or launching your project on Nova, feel free to reach out to us via the email below! Our team will thoroughly review your proposal and get back to you. **Email:** [***info@grabity.org***](mailto:info@grabity.org)