Galahad Finance
  • 👑 | Galahad Finance Whitepaper Version 1.1
  • 💡 | Background
    • 📒 Layer 1 — Ethereum
    • 🔮 | Stablecoin
      • 🧿 | What are Stablecoins?
      • 🧿 | Types of Stablecoins
    • 🚰 | Yield Bearing Stablecoins
      • 🧿 | What are Yield Bearing Stablecoins?
      • 🧿 | How Yield Bearing Stablecoins Work?
      • 🧿 | Benefits of Yield Bearing Stablecoins
  • 🛡️ | Introduction: Galahad Finance
    • 🤿 | What is Galahad Finance?
    • ⚔️ | Galahad Finance Key Features
    • 💎 | $GFC, $xGFC and $gfUSD
      • 💸 | What is $GFC and $xGFC?
      • ♻️ $GFC Conversion & Redeem
      • 💵 | What is $gfUSD?
      • 🔆 How does $gfUSD generates yield?
    • ⚙️ | Why do we need Galahad Finance?
  • 🗝️ | Technicals
    • ⚖️ | User Flow
    • ⛓ | Protocol Flow
    • 💧 | Liquidation Flow
  • 🔗 Smart Contract and Audit
    • 🔐 Smart Contract
    • 📝 Audit
  • 💰 | Tokenomics
    • ↗ | $GFC Token Metrics
    • ↗ | $GFC Token Distribution Schedule
    • ↗ | $GFC Token Sale
  • 🎯 | Roadmap
  • 🤝 | Partners
  • ❓ | FAQ
  • 📌 | Official Link
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  1. 🛡️ | Introduction: Galahad Finance
  2. 💎 | $GFC, $xGFC and $gfUSD

💸 | What is $GFC and $xGFC?

Previous💎 | $GFC, $xGFC and $gfUSDNext♻️ $GFC Conversion & Redeem

Last updated 1 year ago

$GFC token is the native token of Galahad Finance, a decentralized finance (DeFi) protocol platform. As a native token, $GFC plays a crucial role within the Galahad Finance ecosystem, offering various functionalities and benefits to token holders.

$xGFC is non-transferable escrowed GFC token. $xGFC can be earned through yield reward or $GFC conversion. The main use case for $xGFC is allocate to different Plug-ins such as Sharing Protocol Revenue, xGFC Vault, Yield Booster, Galahad Community Events, Yield Farming Multi-reward and many more.