Find bugs in our code and earn up to $18K on @HatsFinance
Weβll ramp up the prize pool over time to incentivize more eyes on our code
Hereβs the bug bounty link: https://t.co/SbDAw5c4jW
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The following 5 collaterals have been added to Grace on Ethereum:
$CVX @ConvexFinance
$BAL @Balancer
$ENS @ensdomains
$LINK @chainlink
$APE @apecoin
Each of these collaterals now enjoys 80% collateral factor!
Enjoy π https://t.co/2dOitBoAC6
The end game is to support hundreds of collateral options most of which are not supported by any other lending protocol.
Only Grace can do this because of its unique ability to manage collateral risk.
Which collaterals should we add in the first batch? Let us knowπ
Grace is now available on the Ethereum mainnet
Starting with 3 collateral options and 4 borrowable assets
The list of supported assets will grow quickly over the next few days
Visit https://t.co/AV6qLjyDxM to experience Grace on Ethereum
Borrowing USDC at 10% with 80% collateral factor for $degen. There's a 0.82% fee on deposits but this looks like a great deal. DYOR! - but you guys know what I'm gonna do π
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The new rate models will drastically reduce the cost of borrowing and depositing collateral, improving the utilization of supplied liquidity.
The changes to GTR emissions have increased the supply APYs. USDC suppliers enjoy higher rewards as shown in the screenshot above.
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Some parameter changes were made to the protocol today:
- GTR emission rate was raised from 1K to 2K GTR/year
- 40% of GTR rewards were allocated to DOLA suppliers, 60% to USDC suppliers
- Both borrow rate and collateral fee models were replaced with less aggressive models
Get your ref link!
Since Grace is now publicly available, you can refer new borrowers and earn 10% of all interest that they pay after using your link!
Borrowers never pay extra when using your link. The reward is covered by the protocol.
Get it here π https://t.co/iAWnt6XmQ9
The early access whitelist has been removed. Grace is now available for everyone.
The protocol is still being stress tested in production however. Please only deposit what you can afford to lose.
https://t.co/AV6qLjy5Ie