Unveiling Gravita x Arbitrum: A New Era begins
Gravita’s full deployment and launch on Arbitrum marks a significant milestone in the LSTfi landscape, offering users unprecedented benefits in terms of capital efficiency at a never seen before transaction speed and price.
These new opportunities build on the values that make Gravita what it is today: a Protocol fuelling decentralization by supporting robustness, trustlessness and permissionless-ness.
The Magic of Arbitrum
Arbitrum is one of the most important layer 2 scaling solutions for Ethereum. It aims to address the limitations of Ethereum’s transaction throughput. It does this by allowing Ethereum nodes to process transactions off-chain, thereby reducing the load on the Ethereum network and significantly reducing transaction costs and speeds. This makes it an ideal platform for DeFi protocols like Gravita.
Gravita on Arbitrum: A Match Made in DeFi Heaven
With the integration of Gravita Protocol on Arbitrum, users can now enjoy the benefits of Gravita’s unique borrowing model with the added advantage of Arbitrum’s low-cost, high-speed transactions. This means that users can now start borrowing from a new minimum of 200 GRAI, with the same one-time only 0.5% fee.
You understood that well: all other parameters have been reduced by a factor of 10. The new minimum position size is 200 GRAI, down from 2000 on mainnet, and the liquidation reserve is now 20 GRAI instead of 200. This makes borrowing on Gravita more accessible and affordable than ever before.
Supported Assets
Gravita on Arbitrum supports your favorite LSTs: $rETH, $wstETH. Together with $wETH, all have a 500k GRAI mint cap.
Accessing Gravita on Arbitrum is as simple as toggling a button on the Gravita front-end. Just visit Gravita Protocol, and you’re good to go!
Our documentation will soon reflect the new opportunites that this integration
The Future of Gravita on Arbitrum
The integration of Gravita Protocol on Arbitrum is just the beginning. As the DeFi space continues to evolve, we can expect to see more exciting developments in the future. For now, users can look forward to seamlessly borrow with Gravita and deploy GRAI natively on Arbitrum in the GRAI / LUSD & GRAI / FRAX pools hosted by Ramses.
The integration of Gravita Protocol with Arbitrum marks a significant milestone in the DeFi space. It combines the power of Gravita’s unique borrowing model with the speed and cost efficiency of Arbitrum, offering users an unprecedented borrowing experience. So why wait? Start your journey with Gravita on Arbitrum today!
