Gravita Protocol — Update 3

Gravita Protocol
3 min readAug 30, 2023

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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 27.3% to 17,580.40 ETH — annualized growth of 1714%

+++ Open Vessels have grown 78.0% to 550 — annualized growth of 3084%

+++ Total Supply has grown 14.1% to 15,506,357 — annualized growth of 370%

+++ Stability Pool Size has decreased 7.8% to 4,184,466 — annualized decrease of 46%

+++ GRAI Price is now $0.984, a decrease of 0.3% from the last month.

sfrxETH is now a supported collateral asset on Gravita!

Integrations

Our Arbitrum instance is live!

Media & Marketing

Coming up

  • A points program will be announced
  • A new collateral yield-bearing asset class

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