Introducing GeFi

2 min readJul 5, 2021

Last year, the DeFi ecosystem looked very different from as we know it today. Users of protocols were limited to early adopters and builders. Most DeFi projects lacked sustainable liquidity. And, yield farming was an uncommon domain until triple digit APYs became the craze.

Observing the growing market requirements of the industry, GeFi was established by gathering some of the leading DeFi protocols across the globe to advance the collaboration of DeFi protocols across blockchains and borders. GeFi (in short for Gemstone Finance) is derived from today’s technologically-advanced society, in which mining techniques are always improving up to a point where there occurs a crossover between traditional mining and modern mining (minting). GeFi creates this crossover between traditional mining equipped with virtual mining (staking) for blockchain & crypto community to engage/access into the world of modern gems mining ecosystem.

GeFi is a decentralized blockchain ecosystem built on the Binance blockchain protocol (Binance Smart Chain, BSC). GeFi’s protocol features a simple user interface built on top of a sophisticated engine that supports pooling with reduced impermanent loss. GeFi introduces 2 tokens circulating in the entire ecosystem, GEG (GeGems) and GES (GeStones). However, the initial staking offering will be introduced as sGEG with a limited unit of 285,000 sGEG; users will need to purchase sGEG with USDT or BUSD to stake for GEG.

The breakdown of the tokenomics for GEG as follows:

GEG (GeGem):

Monetary incentives for the most committed and motivated users by decentralized finance vault.
Purchase privilege items on upcoming NFT marketplace & NFT Games

Total Supply: 95,000 units

Ticker: GEG

Chain: Binance Smart Chain

Compatibility: TRUST WALLET / TOKEN POCKET

Est. Listing Price: $80.00

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Official Website:

https://ge.finance

Official Twitter:

https://twitter.com/GeFiOfficial

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