Granary Finance, a decentralized lending platform, has sparked the attention of the DeFi community, with more than $5 million of the stablecoin USDC being raised in under two weeks. The successful fundraiser has enabled the development of Granary V2, which is built in collaboration with Byte Masons Group to offer an innovative, user-centric experience in the DeFi space.

However, the growth of decentralized alternatives, such as protocols and layer-2 solutions powered by DAOs, is a testament to the crypto natives seeking the opportunity of participating in the grassroot initiatives. This is in stark contrast with the waning interest from traditional financial institutions in the sector.

In order to ensure sufficient capital for the launch of their governance token, Granary established an “Liquidity Generation Event” (LGE). The fundraise features vesting periods ranging from instant liquidity to twenty quarters, with bonus allocations for longer periods.

Alongside the formal funding scheme, there are also NFT and DeFi projects plus discounts on shares purchased in the protocol, depending on the wallet being connected to the Granary ecosystem.

The positive response to the LGE goes to show that the DeFi community recognizes the potential of Granary’s next-generation solution to the current financial infrastructure. The hopeful development of this advanced technology will keep the ideation of financial ownership of earning interest in the hands of the users.



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