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Unlocking LSTfi with Gravita Protocol | Quick Hit
Description
Rhett Shipp is the Founder of Gravita.
In this episode, we discuss how to get started with LSTfi using Gravita Protocol. Gravita is a friendly fork of Liquity, designed to provide users with interest-free loans backed by ETH Liquid Staking Tokens (LSTs) such as rETH by Rocket Pool and stETH by Lido. Rhett guides us through the mechanics of Gravita including how to open a vessel, the GRAI stablecoin, the Stability Pool, Recovery Mode, and what's next in terms of growing Gravita and GRAI on Ethereum L2s.
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Timestamps
00:00 - Intro
04:49 - Rhett's background
07:34 - What's an LST and LSTfi?
09:14 - Gravita vs Liquity
10:21 - How to use Gravita
12:49 - Why support bLUSD
14:19 - Why higher LTVs and System Status
18:05 - Recovery Mode
21:19 - Advantages of Gravita vs Aave or Maker
23:22 - GRAI and its dollar peg
27:35 - Liquidations and The Stability Pool
33:01 - Refund for short term borrowers
34:15 - Future Gravita governance token
35:53 - Addressing why unbacked GRAI can be minted
38:43 - Immutability
40:43 - Expanding to Ethereum L2s
42:05 - Rhett's LSTfi alpha
43:25 - Closing
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🔗 Guest Links 🔗
► Rhett Shipp on Twitter: https://twitter.com/RhettShipp
► Learn about Gravita: https://www.gravitaprotocol.com/
► Follow Gravita on Twitter: https://twitter.com/gravitaprotocol
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