Grain (GRN)

Introduction

Grain (GRN) is the governance and equity token of the Grain Finance Protocol. GRN token will be mined in the Grain Finance Protocol through liquidity mining. GRN will go into circulation through an algorithmic minting from the farming of GRN-BNB Liquidity Provider tokens gotten from providing Liquidity on PancakeSwap for the GRN-BNB Pair subsequently, users can vote on the new LP tokens to be added for liquidity mining.

Any user who has purchased Grain (GRN) from pre-sale, can provide liquidity to the GRN-BNB on PancakeSwap Exchange. Hence, users can further proceed to APP.GRAIN.FINANCE with their GRN-BNB Liquidity Provider Tokens to begin mining GRN tokens. All GRN tokens mined can be withdrawn anytime together with the Liquidity Provider Tokens staked on APP.GRAIN.FINANCE

Grain (GRN) — The governance token of the Grain Finance Protocol—allows those who hold it to vote on changes to the Grain Finance Protocol. Note that anyone, not only GRN token holders, can submit proposals for a GRN vote. Users holding GRN tokens are stakeholders and decision-makers of the Grain Finance Protocol. GRN token contracts adopt a completely fair distribution model reflecting the power of the community.

Token Specification

Token Allocation

Total Supply (100%): 100,000,000 GRN

  • Liquidity Mining (75%): 75,000,000 GRN

  • PreSale & Whitelist (20%): 20,000,000 GRN

  • Uniswap Initial Liquidity (3%): 3,000,000 GRN

  • Marketing (1.5%): 1,500,000 GRN

  • Community Airdrop (0.5%): 500,000 GRN

Getting Grain (GRN)

Anyone can get GRN tokens by participating in the pre-sale or by participating in the mining of Grain (GRN) from a sub-protocol of XAU: APP.GRAIN.FINANCE

GRN-BNB LP Tokens can immediately be used for staking after the Grain (GRN) token pre-sale/whitelisting.

We plan that the Liquidity Mining of GRN tokens should run until October 31, 2021, as the Grain Finance Protocol full contracts will be live for minting gAssets from November 1, 2021.

Anyone can submit proposals for a vote, as to when the liquidity mining of Grain (GRN) should end. With the launch of the new Grain Finance Protocol contracts on November 1, 2021, any GRN token holder with up 20,000 GRN can participate in a 3 weeks liquidity mining program of gAssets. You can read more about gAssets on the Digital Assets page.

Sale Details

The Grain Finance token sale opens on 20th February 2021 at 18:00 UTC with a private sale and Listing comes up at the end of the sale.

Only the GRN-BNB LP token pair will be used for staking during the Bonus Mining Phase, ensure not to miss mining some plenty GRAINS.

Grain sales will consist of 4 rounds with different prices and there is no specific time limit between each round when the first round is sold out, the second round will start immediately.

  • Private Sale I: 1 BNB = 4,200 GRN ($0.06/GRN) (OPENS) - 20th February, 2021

  • Private Sale II: 1 BNB = 2,500 GRN ($0.1/GRN)

  • Public PreSale I: 1 BNB = 1,600 GRN ($0.16/GRN)

  • Public PreSale II: 1 BNB = 1,000 GRN ($0.25/GRN)

NB: You will receive GRN subject to the amount of BNB sent in with reference to the GRN/BNB above.

  • There is no restriction on participation and no maximum cap. Any unsold tokens from each round will be added to the next round. All of the unsold tokens from the Public sale will be absorbed by the Community who will vote the fate of the remnant.

PancakeSwap Initial Liquidity

  • 3,000,000 GRN

  • PancakeSwap Listing Price: 1 BNB = 650 GRN ($0.4/GRN)

How to Buy Grain (GRN)

To participate in the Grain (GRN) pre-sale, send ETH or BNB from any address that supports ERC-20 tokens to the following address: 0x7f972baca10c911273E9528916988A78e3A139ea

Fill this confirmation form after funds has been sent to the address above https://forms.gle/5j8KUazyRkKC2p558

NOTE: Grain (GRN) tokens will be received in order of purchase and in no distance time after funds are received.