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GRAP Price (GRAP)
23,830,813 GRAP
GRAP (GRAP) Chart
GRAP (GRAP) Return On Investment(ROI)
What Is GRAP(GRAP)?
GRAP is an elastic supply cryptocurrency, which expands and contracts its supply in response to market conditions, initially targeting 1 USD per GRAP. This stability mechanism includes one key addition to existing elastic supply models such as Ampleforth: a portion of each supply expansion is used to buy yCurve (a high-yield USD-denominated stablecoin) and add it to the Yam treasury, which is controlled via Yam community governance.
How Does GRAP Work?
The core GRAP token uses yCRV as the reserve currency, which is roughly a $1 peg. Each supply expansion (referred to as an inflating rebase), a portion of tokens is minted and used to build up the treasury. This treasury is then in complete ownership of GRAP holders via governance.
Rather than allocating a portion of the supply to the founding team, GRAP is being distributed in the spirit of YFI: no premine, no founder shares, no VC interests — simply equal-opportunity staking distribution to attract a broad and vision-aligned community to steward the future of the protocol and token.
The initial distribution of GRAP will be evenly distributed across eight staking pools: WETH, YFI, MKR, LEND, LINK, SNX, COMP, and ETH/APML Uniswap v2 LP tokens. These pools were chosen intentionally to reach a broad swath of the overall DeFi community, as well as specific communities with a proven commitment to active governance and an understanding of complex tokenomics.
Following the launch of the initial distribution pools, a second distribution wave will be incentivized through a GRAP/yCRV Uniswap pool. This pool will allow Uniswap's TWAP-based oracle to provide necessary input as the basis for rebase calculations, as well as provide liquidity for the rebase to purchase yCurve for the treasury.
GRAP (GRAP) Community
- Twitter: https://twitter.com/GrapFinance
What is GRAP (GRAP) Contracts address?
GRAP FAQ
What is the price of GRAP token?
CoinCarp does not currently have price data for GRAP as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once GRAP is live on an exchange, CoinCarp will provide real-time GRAP token prices from different exchanges.
Is GRAP token a good investment?
It depends on your personal risk tolerance and investment goals. GRAP is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in GRAP investing, you will also need to understand the GRAP project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy GRAP token token?
CoinCarp's tracking data suggests that the GRAP is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase GRAP from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for GRAP.
How to short GRAP token?
According to CoinCarp's tracking data, no crypto exchange yet supports GRAP contracts or ETF trading. so you can't short GRAP
What will GRAP token be worth in 5 years?
It is impossible to predict what GRAP will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, GRAP's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of GRAP 5 years from now.
GRAP Price Statistics
GRAP Price
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Price Change24h
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24h Low / 24h High
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Trading Volume 24h
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Volume/Market cap (24h)
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Market Dominance
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Market Cap
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Fully Diluted Market Cap
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7d Low / 7d High
$0 / $0
30d Low / 30d High
$0 / $0.0269
90d Low / 90d High
$0 / $0.0269
52 Week Low / 52 Week High
$0.0269 / $0.0269
All Time High
$0.6089
All Time Low
$0