Note

Approval requires more than 50% of YES votes and a minimum threshold of 10k DIA voting power across $DIA, $ARB, and $GRAI tokens. The weight of $ARB & $GRAI is calculated by equalizing their fully diluted market cap with DIA's at the time of the vote's creation. The vote is active for 96 hours.

Project Overview

• Project Name: Gravita Protocol
• Project Website: https://www.gravitaprotocol.com/
• Project use case: Gravita Protocol is an interest-free and non-custodial borrowing platform focusing on advancing censorship-resistant volatility-dampened tokens and the decentralization of Ethereum. It supports high-quality LSTs and LRTs as collateral, aiming to extend further utility to these assets and eventually integrate ecosystem-centric productive collateral like LP positions.
• Oracle Use: Gravita Protocol plans to utilize DIA’s oracles for accurate, real-time price feeds of GRAI on lending and borrowing markets like Silo and Dolomite.

Request for DIA Oracle Gasdrop Program

Our project, Gravita Protocol, is currently building a relationship with many platforms requiring an oracle on the Arbitrum network. We would like to participate in DIA’s Oracle Gasdrop program to leverage their reliable and decentralized price feeds for various integrations of GRAI.

We understand that approval of this request requires a vote with more than 50% of YES votes from the holders of Arbitrum, DIA, and our project’s tokens (GRAI). We are committed to providing any additional information required for the voting process.

Thank you for considering our request.

The Gravita Protocol team

About DIA Oracle Gasdrop

DIA is supporting dApp development with an Arbitrum grant program to co-sponsor gas costs of oracle updates. The grant program is designed to facilitate the evolution of new DeFi use cases within the Arbitrum ecosystem. The program is funded by ARB tokens received from the Arbitrum airdrop.

Learn more at https://www.diadata.org/oracle-gasdrop-arbitrum-grant/