Gains Farm (GFARM2) price, chart, coin profile and news
Find the latest Gains Farm (GFARM2) price, coin profile, news and history to get you started with Gains Farm trading and investing.
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What is Gains Farm?
GFARM2 is a legacy token of the decentralised finance (DeFi) application known as gTrade. Launched in February 2021 on the Ethereum blockchain, gTrade was the first application launched by the Gains Network, a DeFi-focused blockchain ecosystem that is aiming to offer users one of the best DeFi ecosystems in the cryptocurrency industry.
According to the project’s documentation, the gTrade application focuses on decentralized leverage trading and thanks to its internal architecture, can offer traders access to extremely high leverage and extremely low transaction fees. Although the Gains Network was developed using Ethereum, to improve functionality, gTrade was launched on the Polygon blockchain. The trading application offers users the ability to trade crypto pairs with up to 150x leverage and forex pairs with up to 1000x leverage. To ensure accurate pricing, the network is integrated with the decentralised data oracle, Chainlink, which facilitates real-time median spot prices from over five different exchanges.
The GFARM2 token was the original utility token of the gTrade application and Gains Network. However, in October 2021, the community voted to migrate GFARM2 tokens to a new utility token called GNS. Both Gains Network and gTrade now revolve around both the native utility token, GNS, and the protocol’s utility NFTs. The migration of GFARM2 to GNS is open indefinitely as GFARM2 tokens were already well distributed within the community. The new GNS token supports all products within the Gains Network and can be staked within the network to earn passive rewards.
Gains Farm (GFARM2) is the 645th largest cryptocurrency in the world by market cap, valued at $23,453,058. The current price of Gains Farm is $915.04, which is -4.860% lower than yesterday. Prices have ranged between $962.01 and $901.292 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 27, 2022 05:05 UTC.
Gains Farm (GFARM2) priceUse our graph to track the performance of (GFARM2) over time.
Gains Farm at a glance
|Total GFARM2 supply||35,834|
|All time high||AUD$7.84|
|All time high date||January 10, 2022|
Gains Farm price performance over time
Gains-farm in the news
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Disclaimer: Cryptocurrencies, including Gains Farm, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of GFARM2 is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Gains Farm or any other cryptocurrency discussed.
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