GranaryPrice

(GRAIN)

Granary Finance is merging with the OATH ecosystem to transition into a unified token called CDX. Users holding GRAIN must use the official migration portal provided by the Byte Masons to swap their tokens at the designated ratio. For those with tokens currently locked in governance or Silos, manual migration steps may be necessary. It is critical to follow official announcements for deadlines to ensure your assets remain compatible with the updated protocol. Always verify links via official documentation to avoid security risks.

GRAIN is the standard liquid token of the protocol, whereas veGRAIN (vote-escrowed GRAIN) is obtained by locking tokens for governance. veGRAIN is non-transferable and represents a user’s voting power and eligibility for enhanced yield. While GRAIN can be traded on platforms like LBank, veGRAIN is strictly used within the protocol to influence emissions and participate in decentralized decision-making. Staking for veGRAIN aligns long-term user incentives with the health and growth of the lending market.

Granary Silos utilize an isolated risk architecture for lending and borrowing. Unlike traditional protocols that use a cross-margin model where all assets share a single liquidity pool, Silos separate assets into individual markets. This means that if a specific asset in one Silo experiences extreme volatility or a technical exploit, the risk is contained. Funds held in other Silos remain unaffected, providing a robust layer of protection for liquidity providers against protocol-wide contagion.

Airdrop eligibility is typically based on snapshots of user activity, such as providing liquidity or borrowing assets during specific periods. Users should consult the official Granary dashboard or community channels to find the verified 'checker' tool and claim portal. Claiming is usually a manual process and must be completed within a specific timeframe. Future rewards may be available for active participants as the protocol transitions to the CDX ecosystem. Always ensure you are using official links to protect your wallet.

Yes, security is a primary focus for the development team. The protocol's smart contracts have undergone multiple professional audits by reputable firms, including PeckShield and Paladin. These audits review the code for vulnerabilities in the lending and borrowing logic. Furthermore, the isolated Silo design serves as an additional security measure. While the project is decentralized and community-driven, the team maintains transparency by making these audit reports available to the public through their official documentation.

Granary Finance is a multi-chain protocol designed to maximize accessibility and liquidity. It is currently deployed on several major networks, including Base, Optimism, Metis, and Fantom. This multi-chain approach allows users to seek out the best yields and most efficient borrowing rates across different ecosystems. Users can interact with the protocol on their preferred chain by connecting their wallet and switching to the corresponding network. Each chain may feature different supported assets and varying incentive structures.