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Gravita is a decentralized borrowing protocol that allows users to obtain interest-free loans using their ETH liquid staking tokens (LSTs) as collateral.
It aims to decentralize Ethereum, with a focus on supporting the growth of high-quality minority LSTs.
Gravita enables users to borrow funds by using their LSTs as collateral. To get started, users can deposit their liquid staking tokens into the Gravita protocol and receive GRAI stablecoin in return.
The amount of GRAI they can borrow depends on the value of their collateral, and can be up to 90% of its worth.
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