Description

Rhett Shipp is the Founder of Gravita.

In this episode, we discuss how to get started with LSTfi using Gravita Protocol. Gravita is a friendly fork of Liquity, designed to provide users with interest-free loans backed by ETH Liquid Staking Tokens (LSTs) such as rETH by Rocket Pool and stETH by Lido. Rhett guides us through the mechanics of Gravita including how to open a vessel, the GRAI stablecoin, the Stability Pool, Recovery Mode, and what's next in terms of growing Gravita and GRAI on Ethereum L2s.

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Timestamps

00:00 - Intro

04:49 - Rhett's background

07:34 - What's an LST and LSTfi?

09:14 - Gravita vs Liquity

10:21 - How to use Gravita

12:49 - Why support bLUSD

14:19 - Why higher LTVs and System Status

18:05 - Recovery Mode

21:19 - Advantages of Gravita vs Aave or Maker

23:22 - GRAI and its dollar peg

27:35 - Liquidations and The Stability Pool

33:01 - Refund for short term borrowers

34:15 - Future Gravita governance token

35:53 - Addressing why unbacked GRAI can be minted

38:43 - Immutability

40:43 - Expanding to Ethereum L2s

42:05 - Rhett's LSTfi alpha

43:25 - Closing

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🔗 Guest Links 🔗

► Rhett Shipp on Twitter: https://twitter.com/RhettShipp

► Learn about Gravita: https://www.gravitaprotocol.com/

► Follow Gravita on Twitter: https://twitter.com/gravitaprotocol

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All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.