Grassfed Strategies

  • Decred


  • Livepeer

    Software Mining, Transcoding

  • Compound Finance


  • NuCypher

    Re-encryption Services

  • Steem

    Content Curation


Decred was founded in 2016 with the mission to build best-in-class blockchain governance. The Decred network features a system of checks and balances between users, miners, and developers. It uses a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) voting mechanism to secure the network and achieve consensus. Decred also allows users and stakeholders to vote on proposals to improve the platform through Politeia (Pi), a blockchain-anchored public proposal system. On Politeia, users can propose, discuss, collaborate on, and fund new projects, initiatives, and consensus changes.

Strategy: Voting Service Provision

Grassfed Network operates a Voting Service Provider (VSP) on the Decred network. DCR stakeholders that do not have the resources to run a full node or keep their Decred wallet unlocked in perpetuity have the option to authorize a VSP to vote on behalf of their tickets, and thus to participate in the PoS consensus of the protocol without taking on devops responsibilities. These parties receive rewards from the protocol for contributing to the security of the network. As a reward for its network participation, the Grassfed VSP receives fees from the Decred network.

Decred Resources


Livepeer aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto-token incentivized, and serves as the live media layer in the decentralized development stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster. The Livepeer Protocol incentivizes participants to contribute to the live video broadcast network in a game-theoretically sound way.

Strategy: Software Mining (MerkleMine)

The Livepeer MerkleMine was a cryptoeconomic game used by the Livepeer network to distribute its token (LPT) to the public. During a limited time period, third-parties could submit a cryptographic proof on behalf of a subset of Ethereum addresses to compel the distribution of a fixed amount of LPT to those addresses, while being incentivized to do so through an LPT reward.

Strategy: Transcoding

Grassfed Network operates a transcoder on the network for the Livepeer network. This transcoder earns daily LPT-denominated inflation rewards. As Livepeer builds traction with broadcasters, the transcoder is able to earn fees in ETH for the service of transcoding video.

Livepeer Resources

Compound Finance

Compound is a money market protocol that allows users to lend and borrow cryptographic assets frictionlessly, without requiring any negotiation with a counterparty. Every lending market for an asset features dynamic interest rates that update in response to liquidity conditions in real-time, increasing in times of increased demand and decreasing when there is a larger pool of assets available to borrow. Lenders accrue interest with every Ethereum block.

Strategy: Cryptoasset Lending

Grassfed is a lender of cryptoassets on the Compound protocol.


NuCypher is a data privacy layer for blockchain and decentralized applications. Specifically, the network uses proxy re-encryption to bring private data to public blockchains. Proxy re-encryption is a scalable form of public-key encryption that allows a proxy entity to transform encrypted data from one public key to another, without ever having access to the underlying plaintext data or any private keys. Using proxy re-encryption, NuCypher provides access control services that allow applications to ensure that their data remains private, confidential and encrypted while maintaining the ability to share that data with trusted parties. It can be used across a variety of use cases, including sharing encrypted files, end-to-end encrypted group chat, and patient-controlled electronic health records, among others.

Strategy: Re-encryption Services

Grassfed Network is planning to provide re-encryption services on the NuCypher network when it launches on mainnet in 2019.


Steemit is a social network and blogging platform that rewards content contributors and is built on top of the Steem blockchain. A contributor can post content, upvote or downvote posts, and comment on content. In return for posting work that is upvoted or for curating content by upvoting it, users earn cryptocurrency rewards in one of Steem’s native assets.

Strategy: Content Curation

Grassfed Network runs a content curation bot on the platform. In return for a payment in SBD or STEEM, our bot is able to leverage its large holdings in SP to upvote some selected content on Steemit. A content creator may want to use this bot in order to increase the visibility or popularity of his or her content and in turn make a return in Steemit platform rewards.