Unlocking LSTfi with Gravita Protocol | Quick Hit

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. ------ 📺 Watch episodes of The Edge Podcast on YouTube: https://www.youtube.com/playlist?list=PLNzMl-Xdbc4YfQcYdy96wgTAWoMr-3b-j 🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod 🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/ ✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad ✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap ------ The Edge Podcast Sponsor Resources 🏗️ MANTLE | HIGH-PERFORMANCE ETHEREUM L2 WITH MODULAR DESIGN, LOW FEES, AND HIGH SECURITY ⚖️ KYBERSWAP | DECENTRALIZED EXCHANGE AGGREGATOR AND AMM 📈 GTRADE | DECENTRALIZED LEVERAGE TRADING 🥑 INSTADAPP | CHECK OUT THE NEW AVOCADO SMART CONTRACT WALLET ⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS 🌊 STADER | MULTICHAIN LIQUID STAKING 🚀 LIQUITY | UNSTOPPABLE ETH-BACKED STABLECOINS AND LEVERAGE 🥩 ETHER.FI | DECENTRALIZED AND NON-CUSTODIAL ETHEREUM STAKING PROTOCOL 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ 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 ------ 🔗 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 ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ 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.