Granary Finance Crypto Platform

Pros

$10,210,272 USD currently invested (TVL)

Granary Finance Reviews

 
Granary finance is a decentralized borrowing and lending protocol which is cross-chain compatible. Granary finance is compatible with Fantom, Optimism, Metis, Arbitrum, BNB, Avlanche, and Ethereum blockchain networks. The protocol doesn’t provide swap and exchange services. Users have depositing and earning, borrowing, flash loans, and revenue-sharing options on the platform. The protocol is built on top of the leading DeFi AAVE protocol. Granary finance is founded by Byte Masons group which is also the founder of Reaper Finance. There is no information about any investors of the project.
 
The protocol has a very easy-to-use user interface and anyone with a web wallet can connect and start anonymously using it. Granary finance is probably the leading protocol with the number of supported blockchains. The protocol has a flash loans tool on the platform. Flash loans are a new innovative tool in the crypto world and there have been unfortunate experiences with it. Leading lending protocol AAVE has experienced a flash loan attack and it caused significant damage before. Protocols with flash loans should be considered with caution.
 
There is no independent audit report on the official website so the protocol is not audited. The team uses a non-custodial 3/5 multi-sig security method to ensure the treasury is safe. There are 5 people in the team with access to the treasury wallet and at least 3 of them must confirm t initiate a transaction. There is no hack or exploit on the protocol so far. The protocol has a very short history and this must be considered before you invest in the platform.

How Much Can You Earn on Granary Finance?

Granary Finance Key Data

Company

Year founded	2,021
Decentralised	Yes

Security

Know your customer

No

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Granary Finance Contact Details