Gravita Protocol — Update 3

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

• Gravita was deployed on Arbitrum! https://twitter.com/gravitaprotocol/status/1684671707532177417
• Gamma Support from Ramses makes it possible to earn reward on GRAI / FRAX and GRAI / LUSD Liquidity Positions without having to manage Concentrated Liqudity positions:
  https://app.gamma.xyz/vault/ram/arbitrum/details/grai-lusd-500-stable
  https://app.gamma.xyz/vault/ram/arbitrum/details/frax-grai-500-stable
  https://twitter.com/gravitaprotocol/status/1686753015124951040
• GRAI / USDC and GRAI / ETH are live on the Arbitrum instance of Kyber with generous incentives
  https://twitter.com/KyberNetwork/status/1691449673276366848

Our Arbitrum instance is live!

• Redemptions with a 0.99 parameter went live on the 18th of August
  https://twitter.com/gravitaprotocol/status/1691556620835148052
• Gravita was announced as the first pre-launch Partner of Liquis, a wrapper for Bunni, specialized in rewarding Uniswap LP.
  https://twitter.com/gravitaprotocol/status/1686397608804188161
• sfrxETH was announced as a supported collateral asset on Gravita. A GRAI/FRAXBP pool is live with incentives on Curve and Convex
  https://twitter.com/gravitaprotocol/status/1694806813898641784
• Mint caps for wstETH and rETH were filled and raised multiple times
  https://twitter.com/gravitaprotocol/status/1689563050372710400
  https://twitter.com/gravitaprotocol/status/1687201931062804480
• Our Dune dashboard has been updated:
  https://dune.com/murathan/gravita
• tapETH was announced as a supported collateral on the Goerli instance of Gravita and brought a very impressive level of activity from new users
  https://twitter.com/TapioFinance/status/1687908597986897920?t=B8Ykw7XdnfBle_S3rNcD5A&s=19
• A GRAI / LUSD pool is live on Velodrome on Optimism
  https://twitter.com/VelodromeFi/status/1690101272794316800

Media & Marketing

• Gravita was featured in LST Takeover from LAyerZero and Galxe:
  https://twitter.com/Galxe/status/1690218242923806720
• Rhett Shipp spoke at the Flywheel podcast:
  https://twitter.com/RhettShipp/status/1695134922674147576
• MajeStyle spoke at The Stake Out:
  https://twitter.com/i/spaces/1ypJddZMVvVJW
• Our Team is now featured on our Landing Page
  https://www.gravitaprotocol.com/
• This tweet from Emperor Osmo
• This tweet from Monh Don
• This tweet from Naka Solutions
• This tweet from thomascmf
• This tweet from 0xEvix
• This tweet from LayerZero AllDay
• A complex (and risky) Airdrop Farming play from MajeStyle

Coming up

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