With the rising interests generated in the Blockchain space, so has the electricity bill and power consumed. With Cambridge Bitcoin Electricity Consumption Index estimating that mining consumes the same level of power consumed by Malaysia, Sweden or Ukraine in a year.
To ensure a healthy and serene growth of the crypto-currency industry, the team decided to take matters into their own hands and surround themselves with the best industry practitioners to develop GreenFi, the first green DeFi crypto hub.
How GreenFi hopes to #makecryptogreen by 2025
First and foremost, The GreenFi team will be partnering up with ONETREEPLANTED, and pledging to the planting of a tree with each transaction, with a weekly report to be made available to all on Twitter. That’s planting trees almost everywhere.
Subsequently, The GreenFi team have plans build and continue the project on the Energy Web Chain, which is eco-friendly and uses renewable energy.
In additional to that, GreenFi are also aiming to help others Cryptocurrency projects to decarbonize their activity by selling them Carbon Credits and helping them to turn on the Green switch.
The GRNFI tokens would then be used to facilitate:
- Yield Farming Boosts
- Eco-friendly IDO tickets
- Governance
Tokenomics
Total Supply: 30,000,000 GRNFI
- Marketing: 12%. 5% to be released during Token Generation, and 10% to be released subsequently every month
- Farming Rewards: 20%. Locked for the first month, 10% to be released monthly after DeFi Platform launch
- Team Tokens: 5%. To be released linearly over a span of 2 years
- Partnership and Advisory: 10%. To be released for use at a maximum cap of 10% every month
- Reserve: 10%. 5% to be released during Token Generation, and 10% to be released subsequently every month.
- Presale: 13%. 40% to be released during Token Generation, and 20% to be released subsequently every month
- Operation and Development: 10%. 10% to be released every month
- Liquidity: 20%. 20% to be released during Token Generation, and 10% every month
IDO price: 1 GRNFI= 0.045
Listing price: 1 GRNFI= 0.055
Listing on the 17th July 2021, Approximately 1630UTC. 40% of IDO tokens to be released during Token Generation. Total initial Marketcap to be approximately USD 95,000.
Co- IDO: Oxbull.Tech x HOPPY
There are 2 ways of approaching the current IDO relaunch:
FROM THE OXBULL ANGLE:
To find out more about how to participate in the IDO on the day itself, read here. Using a MODIFIED Smart Staking approach to Oxbull.Tech’s IDO model, The Public Sale would be categorized into 3 groups:
Tier-1: Guaranteed High Allocation
For a High allocation and a Guaranteedparticipation of the GRNFI token, investors would be required to:
- Enrolled Smart Stake for 8,000 OXB tokens
OR
- Enrolled Smart Stake for 4,000 OXB/BUSD LP
before 16th July, 0000 UTC and MAINTAINED until token generation event. Auto enrollment will be carried out this round.
Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 16th July — 0130 UTC 17th July to contribute to the Public sale pool.
Min contribution: TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-2: Guaranteed Medium Allocation
For a Medium allocation and Guaranteed participation of the GRNFI tokens, Investors who are keen to participate would be required to be:
- Enrolled Smart Stake in between 1,000 OXB — 4,000 OXB before 16th July, 0000 UTC and maintained until token generation event.
- For Investors who were late and missed the staking deadline, the Time lock farm shall be available up until 17th July 2021 0000UTC, where Investors will still be allowed to participate in the IDO, subject to the staked OXB funds being locked for 7 days. Investors in the Time Lock farm will not earn APR nor reflection rewards.
Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 17th July 2021 between 1300–1400 UTC.
Min contribution: TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
Tier-3: Whitelisting program
Whitelisting link:TBA
For a Small allocation of the GRNFI tokens, interested Investors will need to hold(Not Smart Stake) at least 50 OXB in their wallet, complete a Whitelisting form and requirements to stand a chance to qualify for the IDO. Whitelisting qualification generally increases with more OXB held and the more active investors are on TG and Twitter.
The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 17th July between 1400–1430 UTC.
Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
IMPORTANT NOTES: Qualification of Tier-1 and 2 will require ENROLLING SMART STAKING. In the event where an Investor who has not enrolled in Smart Staking but has the required number of holdings SHALL NOT be eligible for the aforementioned tiers.
Smart Staked holdings are required to be maintained adequately until project listing. Any dips below the required holding amount will DISQUALIFY the investor for the project being launched at the time even if the investor has already contributed.
Each qualified address will only be eligible for ONE transaction. Meaning if an address is qualified for tier 1, they will not be qualified for tier 2.
FROM THE HOPPY ANGLE:
There are 3 tiers for HOP hodlers to enroll in an IDO (To be contributed via Hoppy pool here)
HOPPY King Farm
For a High allocation and a Guaranteedparticipation of the GRNFI token, investors would be required to be Staking a minimum of 150 billion HOP tokens before 16th July, 1000 UTC and MAINTAINED until token generation event.
Qualified Investors will have a pre-allocated time of 9 Hours from 1630 UTC 16th July — 0130 UTC 17th July to contribute to the Public sale pool.
Min contribution: TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
HOPPY Queen Farm
For a Medium allocation and Guaranteed participation of the GRNFI tokens, Investors who are keen to participate would be required to be staking a minimum of 75 billion HOP tokens before 17th July, 1000 UTC and maintained until token generation event.
Qualified Investors will have a pre-allocated time of 60 minutes to contribute to the Public-sale pool on the 17th July 2021 between 1300–1400 UTC.
Min contribution: TBA, Max contribution: TBA
Each qualified address will only be eligible for ONE transaction.
HOPPY Baby Farm
Whitelisting link: To be released
For a Small allocation of the GRNFI tokens, Investors who are keen to participate would be required to be staking a minimum of 3 billion HOP tokens before 17th July, 1000 UTC and maintained until token generation event.
The Public-sale pool shall be opened to the qualified public after the allocated time for Tier 1 and Tier 2 investors end. Contributions are on a first come first serve(FCFS) basis on the 17th July between 1400–1430 UTC.
- Website: https://greenfi.co/
- Telegram group: https://t.me/GreenFiChat
- Twitter: https://twitter.com/GreenFi_co
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