Unlocking LSTfi with Gravita Protocol

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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Topics Covered

00:00 – Intro
04:30 – Rhett’s background
07:15 – What’s an LST and LSTfi?
08:55 – Gravita vs Liquity
10:07 – How to use Gravita
12:30 – Why support bLUSD
14:00 – Why higher LTVs and System Status
17:46 – Recovery Mode
21:00 – Advantages of Gravita vs Aave or Maker
23:03 – GRAI and its dollar peg
27:16 – Liquidations and The Stability Pool
32:42 – Refund for short term borrowers
33:56 – Future Gravita governance token
35:34 – Addressing why unbacked GRAI can be minted
38:24 – Immutability
40:24 – Expanding to Ethereum L2s
41:46 – Rhett’s LSTfi alpha
43:06 – 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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All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.