GOMA Finance (GOMA) is a DeFi and community-focused ecosystem built on Binance Smart Chain (BSC) blockchain. The platform aims to build a comprehensive and decentralized ecosystem for the future of the financial market. On the GOMA platform, traders can stake, earn yield, and trade NFTs. GOMA aims to bring easy, low-risk, and rewarding DeFi tools and opportunities to new cryptocurrency holders, existing traders, and speculators.

In a world full of inflation and regulations, traders often search for independent and decentralized platforms. Thus, to fulfill the need of the traders, GOMA finance aims to launch a multichain hyper-deflationary platform. The platform intends to focus on three-way earnings through yield farming, staking, and enabling wealth. Running on the Binance network, the platform aims to introduce GOMA NFTs that help in providing new opportunities for creators and traders in the DeFi ecosystem.

GOMA and GOMAx are the two native tokens on offer that power the demand and supply of the GOMA ecosystem. On the one hand, GOMA is a primary token used for governance and rewarding mechanisms in the ecosystem. Meanwhile, GOMAx is a secondary token used for freezing and forming a nontaxable utility that can earn. Using the primary token, users can participate in redistribution of GOMA, BNB reflection from GOMAx, voting, and assisting the ecosystem in adjusting and growing. However, using the GOMAx token, users can participate in staking mechanisms, hold tokens in the GOMA wallet, earn GOMA redistribution, and earn nontaxable rewards under GOMAsterchef v3 smart contract.

In March 2021, GOMA Finance was started by a group of individual industries under the name GOMA Shiba Inu.

Due to the nature of the crypto market and the consistent release of HYPE Coins into the market, GOMA Shiba Inu decided to rebrand, recollect, and reinvent themselves. They became GOMA Finance with the evolution of blockchain and new DeFi instruments like NFTs, NFTfi, and many more.

Initially, GOMAx was designed as an ecosystem stabilizer to balance the value probability and potential of the GOMA platform. However, after a few months of research, the GOMA Finance platform found that GOMAx can be a ‘ratio-based’ reflection token that seeks to drive the demand for GOMA and power GOMAx by incentivizing the traders to hold GOMA in the wallet.