GRAI is enabling users to obtain interest-free loans by using their ETH liquid staking tokens (LSTs) as collateral. More
| Fully Diluted Valuation | $263,026 |
|---|---|
| 24H Trading Volume | $199 |
| 24H Low / High | $1.07 / $ 1.14 |
| Circulating Supply | 242.56K |
| Total Supply | 242.56K |
| Max Supply | ∞ |
| Categories | Stablecoins 4 more |
|---|---|
| Founder | Anonymous |
| Website | gravitaprotocol.com Whitepaper |
| Socials | 1 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | L2scan 7 more |
| Contracts |
0x15f....eefe4
2 more
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| Name | Pair | OG Score |
|---|
Gravita Protocol is a decentralized borrowing platform focused on Ethereum (ETH). It allows users to take out interest-free loans by using their liquid staking tokens (LSTs) as collateral. The goal of Gravita is to promote decentralization within the Ethereum ecosystem and support the growth of high-quality minority LSTs.
How Does Gravita Work?
Users can get started with Gravita by depositing their liquid staking tokens into the protocol. In return, they receive GRAI, the platform's stablecoin. The amount of GRAI a user can borrow is based on the value of their collateral, with the potential to borrow up to 90% of its worth.
What is GRAI?
GRAI serves as the debt token of the Gravita Protocol. It is designed to facilitate interest-free borrowing, making it easier for users to access funds while supporting the growth of the Ethereum ecosystem.
Conclusion
Gravita Protocol is an innovative platform that empowers users to leverage their liquid staking tokens for interest-free loans. With GRAI as its debt token, Gravita aims to fuel decentralization and contribute to the development of high-quality LSTs in the Ethereum community.
Gravita Protocol is unique for offering interest-free loans secured by ETH liquid staking tokens (LSTs), promoting decentralization within the Ethereum ecosystem while supporting the growth of high-quality minority LSTs.
The specific details regarding the founders of Gravita Protocol are anonymous, but it is a decentralized platform focused on enhancing the Ethereum ecosystem.
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