- If a user deposits SPIRIT into Grim Finance, that SPIRIT is locked forever on the platform as inSPIRIT.
- A tokenized version of inSPIRIT, GinSPIRIT, is returned to the user at a 1:1 rate. (WILL NOT BE THE SAME PRICE OF SPIRIT)
- GinSPIRIT can be staked into the platform to receive SpiritSwap protocol revenues (swap fees) and deposit fees which will be compounded automatically to more GinSPIRIT.
- Staking GinSPIRIT in the single stake vault on Grim Finance will make you eligible for select partner airdrops
- Rather than staking GinSPIRIT, users can also choose to contribute to the SpiritSwap liquidity pool GinSPIRIT-SPIRIT LP.
- Users can stake their LP token in the SPIRIT-GinSPIRIT LP vault and enjoy compounding their LPs, while Grim Finance takes care of automatically converting the rewards received from SpiritSwap into more SPIRIT-GinSPIRIT LPs.
GinSPIRIT Contract Address: 0x2787bea3366335068bf8b4a253044d09ea4e1c96