Grape Finance Review: An Algorithmic Stablecoin Protocol Pegged to MIM

Press Release • March 28, 2022

Grape Finance is an algorithm-based stable coin protocol designed to maintain a stable peg to MIM on Avalanche. It uses three token types to incentivize a stable 1:1 peg to MIM; GRAPE, WINE, and GBOND.

GRAPE’s supply is dynamically adjusted by the protocol’s underlying mechanism, driving its price up or down concerning the price of MIM. It is stated that MIM remains pegged to $1 USD. However, MIM may lose its peg occasionally. In this case, the protocol will follow MIM to maintain the 1:1 peg.



How GRAPE is Different From Other Algorithmic Protocols

Many forks are currently working on pegging to their L1 tokens to increase the amount of liquidity in the native token. Due to the rise of decentralized TVLs and smart contracts, the MIM project feels that it’s more important than ever to help increase the amount of liquidity in the stablecoin market.


The team aims to provide a more robust and stable stablecoin alternative to AVAX by pegging MIM instead of AVAX. It will allow MIM to become a more flexible and stable cross-chain alternative. Unlike MIM, GRAPE is not backed by any physical commodities. It means that it can be used as a stablecoin without locking up capital.


Grape Finance Features

Grape Finance LaunchPad

Grape Finance is working hard for partnerships with top upcoming projects on Avalanche. It aims to give WINE holders and LPs exclusive access and one-in-a-lifetime benefits.


The Grape Finance launchpad will include whitelist access, IDOs, membership rights, and amazing deals to benefit the community.


The Grape DAO also plans to build a solid community-led launchpad to bring Avalanche growth. This new adventure will build a new, unique and beneficial thing for the community. So far, they have made partnerships with Asgard and Hermes Finance that offer unique yielding opportunities for both the Grape and partner protocol.


Genesis Pools

On contract formation on Thursday, 13 January 2022, 1 GRAPE token was first generated so that the developers may build the TraderJoe LP pair (GRAPE/MIM). Because one token is insufficient to maintain any trading activity, the typical approach to establishing these protocols is to create a Genesis Pool. Here, these tokens are dispersed across the community in exchange for providing liquidity to a Genesis Pool found in the vineyard(farm).


In the first 24 hours, 2400 GRAPE tokens were released to the pool stakers. After 24 hours, the project distributed an additional nine days of pools(21600) to the remaining reward GRAPE supply. Notably, the project offered AVAX and MIM staking pools during this time. However, their weightings were substantially less than the LP pairs.


Winery(Boardroom)

WINE deposits and withdrawals into the Boardroom lock WINE for four epochs (24 hours) and GRAPE awards for two epochs (12hrs). The same happens for GRAPE rewards; this will lock staked WINE for four epochs (24 hours). Users may only claim the following GRAPE rewards after two epochs (12hrs).


Expansion

If the time-weighted average price of GRAPE is over 1.01 at the start of every epoch, new coins will be minted in the boardroom. The number of new coins distributed will depend on the current circulating supply. Notably, the first seven days after the Winery, 2.5% emissions were made for rewards.


The debt phase begins after a contraction period for expansion epochs, where there are still GBONDs to be redeemed. A portion of the expansion is allocated to the treasury fund to prepare for the bond redemption during this period.


Tokens

Grape Finance has three tokens on its platforms. The first is GRAPE a MIM pegged token. It is designed to be used as a stablecoin for exchanges, lending, and borrowing. Its algorithm aims to keep GRAPE and MIM at 1:1 for the long run.


The second one is WINE. The GRAPE token is a way to measure the value of the Grape Finance protocol and its shareholders. It is distributed to all WINE holders who have invested in the Winery.


GRAPE Bond(GBOND) helps incentivize GRAPE changes in supply during an epoch contraction period. It does this by issuing bonds when the TWAP of the token falls below 1.01 MIM. Users can redeem these bonds for GRAPE once the price is above the peg for a premium. The selling pressure on GRAPE then pushes it back toward a 1 MIM ratio.


Roadmap Details: What is Next?

According to the roadmap, the first quarter is almost done. It featured grape staking, partnerships, wine governance, and raffle integration. The last remaining step is NFT drop for LPs & WINE hodlers providing exclusive access to new developments. They are currently working on launching their protocol node system, which will lock up supply, build a treasury of protocol liquidity, and let investors earn daily passive yields.

We can expect UI/UX website revamp, chainlink integrations, and lending and borrowing features in the upcoming second quarter. Furthermore, auto repaying loans, leveraged positions, and an NFT based p2e game and staking will be introduced.


In the third and fourth quarters, there are many mini-projects that Grape finance will be working on during that time. They will implement cross-chain Grape liquidity, integrate Grape to large landing platforms, yield strategies, and more partnerships. In addition, the project will create its mobile app, add card/NFC payments and payment rewards, and a cashback system.


Benefits of Grape Finance

Security

Grape Finance aims for the community to feel secure when utilizing the platform. First and foremost, the project has eliminated the need to rely on them because users can confirm everything for themselves. “Don’t trust, verify,” as the popular Bitcoin/crypto slogan goes. They have completed KYC with an independent verifier thus far.


Furthermore, they have done a comprehensive audit of the present contracts with no issues. They have resigned control of the Grape token contract, making it impossible for anyone/anything other than the Treasury contract to manufacture other Grape.


Contract Renouncing

There is a mint function in the Grape token contract by default, this can be a vulnerability if the deployer address is stolen or if a malicious team deployed these contracts. To remove this vulnerability we renounced the ownership of the Grape token contract so only the treasury contract can mint tokens, which is only possible through its programmed schedule.


Staking

Grape Finance has a Winery that allows users to stake their Wine and earn the newly minted Grape each epoch when Grape is above 1.01 TWAP. Users can also stake Grape and LP tokens into the Vineyard to earn high daily yields of Wine.


Final Thoughts

Essentially the Grape Finance team aims for GRAPE to mimic MIM as a stablecoin. However, without having to lock up collateral to create it, part of this includes adding lending and borrowing of GRAPE in the next quarter. One main issue algorithmic protocols have is sustainability. To solve this, the project adds these features on top of the base protocol to add utility to these tokens. You can find more information on the platform in the links below;


Website: https://grapefinance.app

Twitter: https://twitter.com/grape_finance

Discord: https://discord.gg/HZNUq7wKyM

Telegram: https://t.me/GrapeDefi

....................................................................................................................................................................


Disclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  
By Press Release August 12, 2025
Amidst increasing volatility in the global crypto market, more and more investors are seeking stable passive income. Ripplecoin Mining, with its innovative cloud mining technology and convenient user experience, offers XRP holders a new way to convert their assets into stable daily returns. With the continuous development of blockchain technology, XRP has become more than just a symbol of cross-border payments; its influence in the crypto ecosystem continues to grow. However, traditional coin holding strategies often fail to generate significant cash flow in the short term, a common challenge faced by many investors. The emergence of the Ripplecoin Mining platform offers a novel solution to this problem. Using intelligent cloud mining technology, users can simply hold XRP and connect to the platform to earn stable daily returns without the need for expensive mining machines, complex configurations, or high electricity costs. The platform utilizes a transparent profit distribution mechanism and a secure fund management system to ensure an efficient and controllable investment process. Start your passive income journey now: 1.Register an account Visit https://ripplecoinmining.com to create an account now. New users receive a $15 signup bonus. 2.Select Contract Choose from a variety of high-return, low-barrier USD-denominated mining contracts. The system automatically converts the required cryptocurrency based on the exchange rate, eliminating the need for manual conversion. Contract PriceContract DurationDaily EarningsTotal Revenue $1002Days$5$110$5005Days$6.5$532.5$1,50010Days$20.25$1,702.5$3,00012Days$42.3$3,507.6$8,00020Days$120$10,400$25,00031Days$432.5$38,407.5 (For more high-yield contract details, click here to visit the official website) 3.top up Select a contract, go to the "Asset Management" page based on your budget, and select "Deposit" to obtain your dedicated wallet address. You only need to transfer funds through an exchange or personal wallet to participate in the platform's mining service, with zero handling fees and fast transfer of funds. 4.Start mining The contract takes effect immediately after activation, and daily income is automatically settled. The account balance of $100 can be withdrawn at any time or used for reinvestment to achieve compound interest appreciation. Smarter Choice = Stable Income + Flexible Assets All contracts are denominated in US dollars, helping users avoid the risk of drastic fluctuations in the crypto market and ensuring the stability of principal and returns. Users can still freely choose crypto assets for deposits and withdrawals, bringing greater flexibility and compatibility to investment. Advantages of Ripplecoin mining User-friendly Control Panel The intuitive interface allows you to easily manage your cryptocurrency mining. View daily earnings and contract status in real time, and easily process withdrawals, making mining more transparent and efficient. Newbie exclusive registration benefits New users will receive a $15 cloud computing power trial bonus upon registration , and can immediately experience the "Daily Sign-in Contract" (0.60 US dollars/day). It is a zero-risk trial and you can experience the benefits of cloud mining without any investment. Currency deposit and withdrawal support The platform supports a variety of mainstream cryptocurrencies, including: BTC, ETH, USDT (ERC20/TRC20), XRP, DOGE, BCH, LTC, SOL, USDC, etc., to meet the asset management needs of different users. Safety protection The platform uses the McAfee® security system and Cloudflare® firewall, with multiple encryption mechanisms to ensure the security of user accounts and assets, and data transmission is fully encrypted and worry-free. Energy-saving and environmentally friendly data center Adopt renewable energy sources such as wind, hydro, and solar to drive cloud computing power, achieve green and low-carbon mining, and contribute to the development of sustainable blockchain. Global Professional Customer Support Our 24/7 online customer service supports multiple languages and covers over 180 countries and regions worldwide, providing professional support for miners worldwide. Zero-threshold cloud mining, no equipment required. There's no need to purchase expensive mining machines or master complex technology. The system automatically selects the most profitable cryptocurrency for intelligent mining, saving time and effort while achieving efficient profits. About Ripplecoin Mining Ripplecoin Mining is an innovative platform focused on intelligent cloud mining technology, dedicated to providing global users with secure, efficient, and affordable digital asset value-added solutions. The platform currently supports cloud mining services for a variety of mainstream cryptocurrencies (including BTC, ETH, and others). Leveraging a global network of data centers and high-performance mining machines, it provides users with a 24/7 automated revenue channel. Conclusion: Now is the right time to enter the market In the crypto market, true profits come to those who act early. XRP has entered a prime buying zone, and Ripplecoin mining is the best way to turn potential into a steady daily income stream. Don't wait for XRP's value to appreciate; start earning real, tangible returns with your XRP today. Official website: https://ripplecoinmining.com Click to download the app: https://ripplecoinmining.com/xml/index.html#/app 
By Press Release July 31, 2025
Paper money eventually returns to its intrinsic value - zero." - Voltaire, 1729 (And here we are.)  As global debt explodes past 324 trillion dollars and inflation devours savings in real time, one thing is clear. The system is broken. Beyond repair. Enter the $1 coin. Yes, it’s a memecoin. But it's also a digital middle finger to the fiat Ponzi scheme that has defined the last century of monetary policy. Fiat currency, unbacked by anything real since Nixon torched the gold standard in '71, has reached the end of its runway. The debt ceiling is a suggestion. The dollar, once the world's most trusted store of value, is now a melting ice cube backed by fighter jets and warships. The results are exactly what history predicted. Endless debt. Monetary debasement. Asset bubbles. Widening inequality. And yet the printers run hot while policymakers pretend this is all normal. The Birth of the $1 Coin (and the Death of the Real One) Since 1913, the year the Federal Reserve was birthed in secrecy, the U.S. dollar has lost over 95% of its purchasing power.Translation: the dollars in your wallet are like Monopoly money on fire. That's why $1 was born. It is a digital counterpunch to the dying fiat regime. A dollar you can't print, can't inflate, and can't be weaponized by unelected bankers in ivory towers. Just conviction on-chain. The Real Target: $32.47 and Rising Why $32.47? That's what $1 from 1913 would be worth today. Over 111 years of purchasing power decay due to inflation. So that's the target. A protest. A message to the system that we haven't forgotten what a dollar is supposed to mean. And that number keeps rising every year. Because the theft continues by design. The Davinci $1 Echo The name “just buy $1 worth of this coin” carries a deeper meaning than most realize. It’s a direct nod to Davinci Jeremie’s now-iconic 2011 YouTube plea: “Just buy $1 worth of Bitcoin.” At the time, few listened. Today, that $1 would be worth tens of thousands. That one sentence has become one of the most prophetic and replayed pieces of crypto history. And it’s now being reinterpreted through a memetic lens as protest. The $1 coin inherits that spirit. It revives Davinci’s signal as a meme, as a dare, as an invitation to opt out of the broken system by doing the simplest thing possible: just buying $1 worth of this coin. Memecoins are Tokenized Culture Memecoins are tokenized belief systems. They tokenize values, narratives, and community energy. Memecoins do not promise vaporware tech breakthroughs or utility apps. It’s simply conviction on-chain. There’s a reason memecoins are exploding in popularity: people are tired of the rich venture capital gatekeepers. Tired of being broke and alone. In a world where 1 in 6 people suffer from chronic loneliness, these online communities offer belonging, laughter, and shared goals. $1 is exactly that. A community-driven, cult-like movement made up of people from all walks of life who’ve decided to make a stand. Nobody is paid to contribute. External marketing efforts are supported by donations and sales generated from the $1 NFT collection . No hidden treasury of coins. The original deployer dumped their entire coin holdings in December 2024, walked away, and left behind an open playing field. Since then, a small group of volunteers took the reins and have been exposing the lies of fiat one meme at a time. It’s Just the Beginning. When the next round of money printing begins. When inflation returns. When debt spirals beyond control.You’ll see it clearly. The system will not save you. But the message will still be there. The same one that was whispered in 2011 and memed into existence in November 2024: Just buy $1 worth of this coin. Website: 1dollarsol.com Telegram: https://t.me/DollarCTOPortal X: https://x.com/1DollarSol
By Press Release July 29, 2025
A decentralized crypto protest is gaining traction amid rising economic uncertainty. The $1 coin , abandoned in 2024, has officially been relaunched.  The resurgence is linked to recent macroeconomic news as symbolic protest against today's challenges, such as inflation and fiat monetary policy. The team behind the $1 sees an overall erosion of trust in the economy, starting from central banks. What began as a joke is now an on-chain movement. This initiative represents frustration with monetary debasement and gathers people who are not pleased with the current institutional opacity. A Protest Coin for a Turning Point in Monetary History The reawakening of $1 comes as a cascade of macroeconomic shocks and cultural flashpoints that challenge assumptions about fiat stability. This moment is defined by a convergence of forces: The U.S. dollar has fallen 11% year-to-date. Global de-dollarization is accelerating: BRICS nations are shifting to local currency trade, while the EU is exploring EUR-settled energy markets. The “One Big Beautiful Bill” (OBBB) legislation has passed, triggering renewed public debate over national debt and inflation risk. Elon Musk has dragged the fiat debate into the mainstream, using X as his battlefield: He reposted: “Tax cuts are worthless if the government keeps overspending. Inflation is the real tax.” When asked if the America Party would embrace Bitcoin, he replied, “Fiat is hopeless, so yes.” Both posts from Elon went viral, galvanizing conservatives, Bitcoiners, and disillusioned voters alike. Within this context, the $1 coin has resurfaced as a symbolic instrument. The project is a digital protest born from cultural frustration. From Abandonment to Decentralized Continuity After its original developer exited in late 2024, the memecoin was left without a roadmap, treasury, or active team. A decentralized group of supporters voluntarily assumed the website and social media channels, transforming the abandoned coin into an evolving anti-fiat campaign. The name itself references the loss of purchasing power over the last century. In 1913, $1 held the value equivalent to $32.47 at the time of writing, which is the project’s target price today. The memecoin reclaims that lost value symbolically as the “unprintable dollar.” The team's strategy is not based on promises of utility or price predictions, but on cultural alignment and the pursuit of financial sovereignty. A Digital Echo of a Historic Signal The phrase “Just buy $1 worth of this coin” is the official name of the project and echoes the famous 2011 appeal by early Bitcoin advocate Davinci Jeremie: ”Just buy $1 worth of Bitcoin.” That same ethos (individual action as quiet defiance) now fuels the $1 movement. The difference is that this message is now embedded in meme culture, open contribution, and collective resistance. Supporters also fund the movement through the project's NFT collection. These digital collectibles serve not as speculative assets but as community badges. These are small, symbolic acts of support with the underlying message. A Movement, Not a Product The $1 project offers no central leadership, no development roadmap, and no technological utility. Its value lies in what it represents: A critique of unchecked monetary expansion A decentralized symbol of protest A tokenized community in an era of financial uncertainty Participation is open, and contributions are voluntary. Messaging is coordinated publicly through social channels, with no presales or treasury allocations tied to the token itself.​​The ultimate goal is cultural as much as financial. If and when the price surpasses one US dollar, the statement becomes undeniable: the unprintable dollar outperformed the one that was printed into irrelevance. That moment will serve as both validation and the centerpiece of the movement’s narrative. About $1 The $1 memecoin is a community-led crypto protest launched on Solana in 2024. It was revived in 2025 by a decentralized group of volunteers. It operates without a central team, funding, or promised utility. The token is intended to draw attention to long-term fiat debasement and the diminishing purchasing power of government currencies. The accompanying NFT collection helps fund outreach and operational efforts. $1 is not a financial instrument. It is a cultural response to macroeconomic disillusionment. Anyone wishing to find out more about the $1 project and its long-term view can visit the official website . The social media pages below (X and Telegram) are another way to keep in touch with this team. X (Twitter) | Telegram | Reddit
By Press Release July 29, 2025
Predictino , an AI-powered trading intelligence platform, has officially launched the public presale of its token, PREDINO. The team is inviting early supporters to participate in this new project belonging to the crypto predictive analytics niche.  The launch is an important milestone in Predictino’s roadmap. The team behind Predictino is working to bring institutional-grade forecasting tools to retail traders. The idea is to combine real-time AI signals with a transparent blockchain infrastructure to support crypto (and other markets) traders. AI Forecasting Meets DeFi Utility Predictino combines various technological pillars, such as: Machine learning Real-time market scanning Advanced predictive modeling The idea is to deliver signal-based insights even beyond crypto for those traders interested in Forex and equities. This team of developers tested internally the AI engine of the project in a process that lasted several months. In all of this, the project’s native token, PREDINO, has a clear scope. Every token holder will have access to a long list of features: Real-time signal streams Predictive dashboards Historical model performance metrics The token also gives holders access to staking, governance participation, and the next updates in the platform. Transparency and Long-Term Utility Unlike many speculative token launches, Predictino emphasizes transparency and functionality. The project is built around a clear utility model, with no hidden mechanics or untested promises. The AI engine will grow alongside the community, with modular updates and data feedback loops improving accuracy over time. The PREDINO token presale allocation includes: 34% for public participants 18% to support development and infrastructure 15% dedicated to staking and access rewards Remaining allocations cover liquidity, team vesting, partnerships, and ecosystem growth. Built in Dubai, Designed for Global Markets Headquartered in Dubai, a global hub for Web3 innovation, Predictino reflects the region’s commitment to crypto transparency and regulatory clarity. As part of its global expansion plan, the platform will soon support additional markets beyond crypto, including forex and equities. The next development phase includes the release of the Predictino AI dashboard. Besides, automated trading features and DAO voting via PREDINO tokens will also become available. About Predictino Predictino is a decentralized AI forecasting platform with new features for its users. The project puts together real-time trading signals in multiple markets (crypto and beyond). PREDINO is the platform’s native utility token, which is now available through its presale. From staking to governance to exclusive features, this team attached several perks to owning the token. The project's official website and social media pages below will help anyone keep in touch with this team. X (Twitter) | Telegram
Show More
paper_plane

NEVER MISS AN ARTICLE!

Sign up and stay up-to-date about what's happening at our site.