Gravita Protocol — Update 2

Embark on a monthly journey with Gravita Protocol where we re-discover some key metrics and updates from the team.

Status quo

+++ Total Value Locked has grown 27.4% to 13'808.37 ETH — annualized growth of 328.8%

+++ Open Vessels have grown 67.9% to 309— annualized growth of 814.8%

+++ Total Supply has grown 22.7% to 13'587'435 — annualized growth of 272.4%

+++ Stability Pool Size has grown 4.13% to 4'538'657 — annualized growth of 49.56%

+++ GRAI Price is now $0.987

A new record for Vessels open was reached this month!

Integrations

• swETH from Swell is now a supported collateral asset on Gravita!
  https://twitter.com/gravitaprotocol/status/1679543114933870609
• A co-incentivized swETH/GRAI pool is live on Bunni:
  https://twitter.com/gravitaprotocol/status/1679545749082611716
• swETH/GRAI liquidity providers are already receiving pearls for the Swell token airdrop & voyage program. Vessel holders will receieve them during part 2 of the voyage.
  https://twitter.com/swellnetworkio/status/1683657696648769537
• Redemptions are live with a 0.98 parameter: https://twitter.com/gravitaprotocol/status/1681396401740161031
• GRAI/LUSD pool is being incentivized on Maverick, and is eligible for Season 1 airdrop: https://twitter.com/gravitaprotocol/status/1673837682043101184
• LayerZero integration is live, allowing for seamless bridging of GRAI between Ethereum, Optimism, Arbitrum One & zkSync Era: https://twitter.com/gravitaprotocol/status/1682314209013506048
• GRAI/LUSD & GRAI/FRAX pools are live on Ramses on Arbitrum and being co-incentivized: https://app.ramses.exchange/liquidity
• A GRAI/rETH pool on Maverick was briefly co-incentivized with Rocketpool: https://app.mav.xyz/boosted-positions/0x108283344e7a55819502c895fd62f1aca924fce7?chain=1
• GRAI/USDC on Bunni keeps being incentivized through quests live on Paladin allowing veLIT holders to get GRAI: https://app.warden.vote/quest/details/?quest=26

Media & Marketing

• Our must successful Space yet, featuring zkSync, Maverick & Lido: https://twitter.com/i/spaces/1vOxwMEjLLdGB
• Special Space with Swell: https://twitter.com/swellnetworkio/status/1683657696648769537
• A GRAI price bot is live on Discord: https://discord.com/invite/kMcxwf7mHd
• A new GRAI “Earn” tab is available on our Fronted and our Dapp, and is dedicated to allow users to easily find venues for earning yield on GRAI: https://app.gravitaprotocol.com/
• It is now possible to simulate transactions in our front-end, allowing users to input numbers outside of their wallet holdings.
• This airdrop tweet from one of our members got a lot of attention: https://twitter.com/Majestyle69/status/1681416701722742785
• Rhett Shipp was featured in this podcast with Defi Dad: https://www.youtube.com/watch?v=QLaIrGwpuCI&t=543s

Coming up

• Full deployment of Gravita on Arbitrum & other L2s
• New collateral types & liquidity incentives
• A new collateral yield-bearing asset class