Gravita Protocol

Gravita is a decentralized borrowing protocol that allows users to obtain interest-free loans using their ETH liquid staking tokens (LSTs) as collateral. It aims to decentralize Ethereum, with a focus on supporting the growth of high-quality minority LSTs.

Gravita Protocol is an interest-free borrowing protocol for liquid stakers that was forked from Liquity. They are currently running Ascend, a points campaign where you can earn ‘Marks’ for borrowing against WETH or Liquid Staking Tokens, providing liquidity to GRAI liquidity pools and depositing GRAI to their stability pool. Visit the Ascend campaign page and complete various missions to become eligible for Gravita’s token airdrop.

Step-by-Step Guide:
  1. Visit the Gravita Protocol Ascend airdrop page.
  2. Connect your wallet and switch your network to any that are supported and mentioned on the Ascend page.
  3. Complete various tasks, including providing GRAI to their stability pool, providing liquidity to GRAI pools and maintaining vessels.
  4. You will earn free Marks for completing various tasks.
  5. Also, visit their Galxe quests page to complete easy social tasks and earn free points.
  6. Gravita’s governance token is confirmed for summer 2024. At least 30,000 Marks are required to be eligible for the airdrop.
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