An introduction to Gryphon.

Gryphon is built to supercharge LSDfi. It 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. This can lower the threshold for user operations and increase assets’ utilization rate. Moreover, most of the fees generated in the Gryphon lending agreement are returned to dLP holders - users who contribute to the Gryphon platform.

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