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.  

rabbitholes.fi Announces Presale on Gempad and Public ICO Dates

By Press Release • November 10, 2025
rabbitholes.fi , a decentralized SocialFi platform where users earn, own, and govern, is opening its token sale to the public. The ICO is scheduled for November 10 through December 8, 2025. The presale is being held on Gempad ahead of the platform’s beta launch. a community-owned social network that integrates a fully loaded defi protocol, rabbitholes.fi is building the future of social media in the era of web3. Built on Solana for low fees and scale, rabbitholes.fi turns everyday engagement into on-chain rewards via the native token, $CARROTS.  Why It Matters Earn for engagement: Posts, comments, and memes accrue $CARROTS on-chain, turning time and creativity into measurable rewards. Community in a box: A fully on-chain stack for identity, earning, and governance (DAO over CEO) so users help steer features and economics. NFT avatars with revenue share: A forthcoming collection grants holders a 15% share of platform revenue (per published policy), plus staking utility and identity. social token creation: An integrated creator tool for tokenizing any kind of content, from comments and posts to instant meme-token launches and community-driven campaigns. Security and scale: Built on Solana and engaged for an independent SpyWolf audit to harden contracts and app flows. Public ICO and Presale Details ICO window: November 10 to December 8, 2025 Access: Presale live on Gempad Eligibility and compliance: Available globally without KYC except for users in restricted jurisdictions, including the USA, North Korea (DPRK), Iran, Sudan, Syria, and other sanctioned regions. Availability remains subject to local laws and regulations. Product Pillars Engage-to-Earn System: User activity drives yield and retention through a self-sustaining reward loop that converts posts, comments, and memes into on-chain value. $CARROTS Token: The core utility and governance asset that powers staking, engagement rewards, and long-term platform growth while aligning incentives across the community. NFT Avatars: Programmable digital identities that unlock staking access, DAO voting rights, and a 15% share of platform revenue for holders, reinforcing creator and community ownership. Meme Factory: A creator launchpad for instant token and community creation, designed to fuel culture, virality, and scalable grassroots participation. DAO Governance: Community-directed stewardship that prioritizes transparency, shared ownership, and platform longevity over centralized control. Founder Comment “Social shouldn’t be ad farms and lock-ins. It should be people-owned,” said Jmoon, founder of rabbitholes.fi . “With $CARROTS and revenue-sharing NFT avatars, we’re aligning culture, creators, and community so time online finally pays the people who make platforms valuable.” Official Channels Website: rabbitholes.fi X: @rabbitholesfi Discord: discord.gg/rabbitholes Telegram: rabbitholesfi About rabbitholes.fi rabbitholes.fi is a decentralized SocialFi platform on Solana that redistributes platform value to users and creators. Designed around earn, own, govern , rabbitholes.fi makes culture programmable and community‑led. Media Contact Alex H. Email: madhatter@rabbitholes.fi City/Country: New York, USA Disclaimer This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy any securities or digital assets. Any token sale will be conducted in compliance with applicable laws and may be unavailable in certain jurisdictions. Participation may require KYC/AML verification. Forward‑looking statements involve risks and uncertainties, including but not limited to market, regulatory, and technical factors.

ZEXX: The Next-Gen Crypto Powerhouse Gears Up for Exchange Launch

By Press Release • November 6, 2025
The future of decentralized finance is moving fast — and all eyes are on $ZEXX , the emerging crypto ecosystem built by Zexx Ai , that’s redefining speed, scalability, and real-world integration . After months of development, testing, and community momentum, ZEXX is officially preparing for its exchange debut , with confirmed listings on major global platforms including BitMart and Biconomy — signaling a massive leap forward for one of 2025 ’ s most anticipated crypto launches .  Powered by Zexx Ai ( www.zexxai.com ), the project combines cutting-edge blockchain technology with smart automation and AI-driven innovation — building a true ecosystem , not just another coin. “ZEXX isn’t just a token — it’s a movement powered by technology, community, and transparency,” said a ZEXX spokesperson. “Our exchange listings and presale success mark the beginning of a new chapter — one where every transaction fuels momentum and every holder becomes part of the growth story.” Presale Milestone Achieved With over $100,000 raised in its presale , ZEXX has proven early confidence from its community and investors worldwide — setting a strong foundation ahead of its exchange launch. The overwhelming response highlights the growing belief in ZEXX ’ s mission to merge crypto with AI-driven automation . What Sets ZEXX Apart ⚡ High-Speed Transactions — Built for performance, ensuring lightning-fast trades and ultra-low fees. 💎 Holder Rewards — Every transaction contributes to growth, giving back to the ZEXX community. 🌍 Ecosystem Expansion — DeFi utilities, marketplace integration, and AI-driven scalability. 🤖 The ZEXX Bot — A symbol of power and intelligence, representing the future of automation in Web3. As Exchange launch unfolds, ZEXX is focused on exchange accessibility, liquidity, and expanding its global footprint , with more partnerships and exchange announcements rolling out through Q4. “ZEXX was designed to move differently,” the team added. “We’re building something built to last — powered by AI, community, and innovation.” The future is fast. The future is smart. The future is ZEXX. Stay Connected: 🌐 Website: www.zexxai.com 💰 Co i n Portal : www.TheZexxCoin.com 🐦 X (Twitter): @Zexx_Coin 📣 Telegram: Zexx Coin Official Join the community for real-time updates and launch alerts

Fulcrum Launches Fully Insured Crypto Lending Platform Offering Up to 12% APR on BTC, 13% on SOL and 14% on USDT

By Press Release • November 4, 2025
Fulcrum Lending, the crypto-backed financial services provider, today announced the launch of its platform. Fulcrum is tailored exclusively for investors, individuals or businesses, looking to achieve higher returns on major crypto (BTC, ETH, BNB, SOL) and stablecoin deposits (USDC, USDT). With annual returns of up to 14%, full-insurance, FINMA license and the interest payouts in the crypto deposited; the platform offers investors a secure, high-yield alternative to traditional savings accounts. The platform has been in beta and alpha stages for the last 6 months and now it’s celebrating its release.  New Alternative to Outpace Inflation Traditional savings accounts struggle to keep pace with inflation, often leading to a gradual loss of value for investors. Crypto saving accounts do offer higher returns, but they don't offer insurance for incidents that are common in crypto space. Fulcrum offers an alternative that combines predictable high returns of crypto with a fully insured and licensed platform, allowing investors to grow their savings faster than inflation with peace of mind. This platform is designed to empower individuals with greater financial control, helping them to break away from low-yield savings accounts and achieve more flexibility in their financial plans. "Fulcrum has always been about empowering our community with innovative ways, and we prove this commitment by providing investors with a high-yield alternative to traditional savings accounts, while giving them a peace of mind with full insurance and regulation" said Matthew Curtis, CEO and Founder of Fulcrum Lending. “We operate a strict regulatory licensing and compliance rigidly in all operations, ensuring your trust in us is well-placed. We are licensed and regulated by Swiss financial authority FINMA. We also hold all customer assets in a qualified custody Fireworks, and we fully insure them. We offer you best rates on the market no matter the market conditions are, and our team is available 24/7”. Key Features of Fulcrum Platform Earn up to 12% APR on BTC and ETH, 13% on SOL and BNB Earn up to 14% APR on USDT and USDC Borrow USDT at 16% APR Predictable rates that don’t change with market conditions Full Insurance of user deposits by Lloyd’s of London Licensed and regulated by Swiss financial authority FINMA Backed by known incubator YCombinator Customer assets stored by trusted digital asset custodian Fireworks Flexible withdrawal options of daily, monthly, quarterly and semi-annually Unlike many crypto yield products that rely on high-risk trading strategies, Fulcrum generates returns exclusively from lending activity on platform providing over-collateralized loans, ensuring a lower risk profile for investors. This means the customer deposits are used to fund secured loans, not volatile trading ventures. Fulcrum also guarantees that crypto payouts are held in full reserve and never leveraged—your crypto is always protected and not exposed to additional risk. “We’re able to offer investors a compelling alternative to traditional savings accounts that’s built on the foundation of our secure, over-collateralized loan book,” said Andrew Owen, Chief Revenue Officer at Fulcrum. “We only have the option of 50% loan-to-value ratio. That means for every 1 BTC worth of credit, we get 2 BTC as collateral.” How the Fulcrum Interest Account Works Fulcrum platform accepts deposits in crypto (BTC, ETH, SOL, BNB) and stablecoins (USDC, USDT). Investors will be able to receive monthly interest payouts in the crypto they deposited, giving them the flexibility to tailor their returns to their financial goals. Withdrawals are available after different lock-in periods, differing from 1 day to 6 months. The more the platform users lock-in funds in the platform, more returns they receive. How the Fulcrum Borrowing Works With Fulcrum, anyone can have access to borrowing power of up to $1 million by using their crypto assets as collateral, within 24 hours and with no credit history required. In this way they can borrow cash and hold their coins to see them grow while avoiding taxes. Fulcrum offers over-collateralized crypto-backed loans, stored in qualified custody, and only with 50% LTV. The automated platform provides instant funding in USDT. Availability of Fulcrum platform Fulcrum platform is now accessible to individuals and corporate investors seeking a secure, high-yield alternative to traditional saving and borrowing options. About Fulcrum Lend Founded in 2025 and headquartered in Switzerland, Fulcrum Lending is the pioneer of fully insured crypto-backed lending. Fulcrum’s mission is to build and enable simple, familiar, and novel crypto financial products that increase access to financial opportunities and give consumers more control over their ability to generate long-term wealth. Fulcrum's crypto lending products enable its users to receive interest in their idle crypto assets and seamlessly access credit against their crypto portfolios. For more information, visit https://fulcrumlend.com

Mevolaxy Launches Mobile App and Announces Record Payouts

By Press Release • November 4, 2025
Mevolaxy , a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record after the one set in June. These two developments highlight Mevolaxy's commitment to providing maximum user convenience as part of its community-centric approach.  Mevolaxy specializes in developing MEV bots and subsequently using them within the Mevstake system. Mevstake is the platform's proprietary technology that locks in the user's staking terms for the whole duration of their deposit. It serves as a guarantee that users will receive stable, predictable returns, regardless of market volatility or network changes. The Mevstake system allows users to contribute funds to a network-wide bot liquidity pool and receive a share of the profits. This makes tools previously available only to major traders accessible to a broad audience. The recent launch of the Mevolaxy mobile app means users can now access mevstake easily, even when away from their computers. The application is now available on the App Store. Early users already praised its speed, intuitive interface, and modern design. The app allows tracking accruals and statistics in real time, making interaction with the platform even more convenient. Mevolaxy also announced the latest investor payouts, totaling approximately $3.6 million. This figure represents a new record for the company, surpassing the $3 million in payouts set in June 2025. Company representatives noted that the growing payouts are a testament to the sustainability of their model and the trust of their users. About Mevolaxy Mevolaxy is a fintech company that seeks to expose users to blockchain-based gains through advanced MEV strategies. The platform’s flagship product, the mevstake technology, aims to break down barriers and make MEV accessible to all users, regardless of their experience with cryptocurrencies. The Mevolaxy team consists of blockchain infrastructure developers, financial analysts, cybersecurity engineers, DeFi specialists, marketers, and product managers. The company’s engineers have many years of experience working with high-load systems and advanced blockchain technologies from Ethereum, Solana, Arbitrum, zkSync, and other networks. Use the Mevolaxy app today to access advanced staking tools securely and without complicated settings or hidden fees. Learn more about Mevolaxy on its official website .
Show More
paper_plane

NEVER MISS AN ARTICLE!

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