📗Grabit Utility

We prioritize ease of use for our investors, whether you're an experienced investor or a newbie. We want everyone to feel comfortable using our wallet, so we offer a variety of products and services, including staking, farm, NFT, and metaverse integration. Our ultimate goal is to provide a powerful decentralized ecosystem that offers the most advanced DeFi concepts and educational tools. There is a huge benefit being the community member of GRABIT.

How $GRABIT staking works?

When members stake, the funds are then sent to our staking partner. We’ve partnered with one of the most reputable casinos worldwide to generate these yields for our stakers. Staking will be open accessible to all, but holders of our native token GRABIT will be able to reap additional benefits.

The staked SOL is utilized by the Casino for non-gambling purposes only. Revenue is generated from chip exchanges, providing liquidity for the house, and fees. As a result, it is ensured that the staked funds will not be subjected to gambling activities. The Casino then returns a portion of their profits back to our platform, which are then distributed among our stakers through the Solana network.

How does the company profit from this? Is there a treasury being built?

The project takes a cut from total volume being staked. The project is building both a treasury and insurance fund to be used for the future of Green Rabbit Project. The treasury will be used for IRL events, sponsorships and developing new services for the $GRABIT ecosystem.