Granary Finance Crypto Platform

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.

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Pros

$6,541,266 USD currently invested (TVL)

Investments in 17 coin pairs available

Supports 4 protocols including Optimism, Ethereum and Avalanche C-Chain

Cons

Investments in liquidity pools can be higher risk

Liquidity pool investments are only suitable for advanced crypto users

Granary Finance Staking Yields

Granary Finance Reviews

Granary Finance Key Data

Company

Year founded	2021
Decentralised	Yes

Security

Know your customer

No

Useful Links

Granary Finance Contact Details