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Gravita Protocol is a decentralised borrowing protocol built on Ethereum that provides users with interest-free loans secured by both Liquid Staking Tokens (LST) and a Stability Pool (SP). Loans are issued in the form of minting GRAI, a token with similar volatility dampening mechanism as LUSD, and can be up to 90% of the value of a user's collateral (99% in the case of bLUSD)
Borrowers mint GRAI against the value of their collateral. It can then be used in various ways - swapping for other assets, or earning income by providing liquidity or participating in the stability pool
