Grai 

GRAI Price

What is Grai (stablecoin)?

Grai (GRAI) is a crypto-backed stablecoin and debt token for the Gravita Protocol, an Ethereum-centric borrowing platform designed for liquid staking tokens and yield-generating assets. Users mint the asset by posting ETH liquid staking tokens as collateral, maintaining a target peg of one US dollar for swapping, spending, or depositing into the protocol's Stability Pool.

Why do users deposit tokens into the Stability Pool?

Depositors can place GRAI into the Stability Pool to acquire wrapped ETH and liquid staking tokens at a discounted rate. This mechanism helps maintain the stability of the debt token while providing liquidation backstop liquidity for the broader borrowing ecosystem.

How many GRAI tokens exist in the maximum supply?

The protocol enforces a fixed hard cap of 1,744,524.13 GRAI tokens. Both the maximum supply and the total supply currently sit at this exact ceiling, meaning no additional tokens can be minted beyond this absolute limit.

Which blockchains support the GRAI smart contracts?

The token operates natively on Ethereum and zkSync. Smart contracts on both networks utilize an 18-decimal standard, allowing the asset to integrate seamlessly with decentralized applications across the primary mainnet and its layer-two scaling environment.

Where can users trade GRAI?

Market participants can swap the stablecoin on decentralized exchanges, specifically through the GRAI/USDC liquidity pool on Uniswap (v3), per DropsTab data. The protocol relies entirely on onchain decentralized liquidity for its trading venues.