Problem Statement
The lack of capital efficiency within new L1 ecosystems. What ends up happening is when you create a position or you stake assets, theyβre locked. You canβt do anything with them.
So there ends up being a lot of idle liquidity.
Weβre looking to change that.
More capital efficiency. More flexible capital deployment. And the freedom to move your funds wherever it makes the most sense for you.
Currently, in the Injective ecosystem, the only way to participate is to either stake your INJ or sell your INJ to fund other activities on the chain. With Gryphon, you no longer need to choose, you will be able to stake your INJ and utilize our CDP stable coin fully back by INJ.
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