Details
Gryphon is a LSDFI lending market enables users to enhance their staking strategies by providing them with access to liquidity normally locked within their staked assets. The goal is to become the first full-chain lending market in the Injective ecosystem. In essence, it integrates liquidity distributed on different chains without cross-chains and seamless connection. Gryphon combines lending stablecoins for yield with borrowing against staked assets in a smooth manner. Users can maximize profits by refining their staking strategies. Users can always expect a guaranteed return with Gryphon’s nUSD stablecoin, which guarantees a fixed 5% yield.
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