Ripple (XRP) has recently been in the spotlight, including reports that its RLUSD stablecoin has gained regulatory approval in Abu Dhabi, while some market commentators have discussed a potential move toward $5. Separately, GeeFi has promoted an early-stage token sale for its DeFi wallet and broader ecosystem. According to the project, its first sale phase concluded after distributing 10 million GEE tokens.
GeeFi states that its next sale phase is underway and that token pricing changes between phases are scheduled by the project. These figures and timelines are based on project materials and have not been independently verified.
GeeFi token sale: project-reported figures
GeeFi says it distributed 10 million tokens in its first sale phase and raised $500,000 over 12 days. It also claims $320,000 was raised during the last week of that period. GeeFi states that, in its second phase, the GEE token is priced at $0.06.
The project has also referenced a planned listing price of $0.40 and higher long-term valuations in promotional materials. Any such figures are inherently uncertain and should not be interpreted as a guarantee of future performance.
Staking: project-described yield terms
GeeFi says it intends to offer staking functionality and has published yield examples, including 15% APY for a 1-month stake, 22% APY for 3 months, and 55% APY for a 12-month commitment. These rates are project-reported, may change, and are not assurances of returns.
Referral program: project-described incentives
GeeFi also describes a referral program in which participants may receive a 5% commission tied to referred usersā activity. Terms and eligibility can vary and should be reviewed in the projectās own documentation.
Product roadmap and planned features
According to the project, the upcoming GeeFi HUB is intended to consolidate crypto-related features, including a multichain DEX, portfolio tracking, and an NFT marketplace.
GeeFi has also described plans for a GeeFi Crypto Card and has referenced VISA and Mastercard in connection with that plan. Partnership status, availability, and any rewards (including cashback rewards) should be treated as unverified until independently confirmed and launched.
Project links (for reference)
Website – geefi.io
Twitter/X – @GeeFiOfficial
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Crypto assets and token sales can involve significant risk, including the loss of capital.