Difference between revisions of "Gearbox (GEAR)"
(Created page with "Gearbox is a generalized leverage protocol. In essence, the protocol brings about “composable leverage” by allowing users to deposit collateral and borrow from a segregated pool of capital which they can then bring to any whitelisted protocol in DeFi. ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Mainnet release: ==History== ==Audits & Exploits== *Bug bounty program can be...") |
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==Governance== | ==Governance== | ||
===Admin Keys=== | ===Admin Keys=== | ||
* [https://ournetwork.substack.com/p/ournetwork-146 From] [[Our Network]] (11-11-2022): | |||
''"Since Gearbox is currently limiting Credit Account access to whitelisted Leverage Ninjas, with the intent of limiting risk, the recent growth in CAs reflects only a fraction of the total demand to use the protocol. The protocol will fully remove the [[whitelist]] in the future, but there seems to be early PMF with borrowers."'' | |||
===DAO=== | ===DAO=== | ||
===Treasury=== | ===Treasury=== | ||
| Line 33: | Line 38: | ||
*[[Latency]]: | *[[Latency]]: | ||
===How it works=== | ===How it works=== | ||
* [https://ournetwork.substack.com/p/ournetwork-146 From] [[Our Network]] (11-11-2022): | |||
''"Gearbox allows users to deploy leveraged positions across [[Decentralized Finance (DeFi)|DeFi]] protocols and enable boosted [[Annual Percentage Yield (APY)|APY]]<nowiki/>s in a composable manner. On Gearbox, [[Liquidity Provider (LP)|LPs]] supply funds to pools in order to earn interest. Borrowers create a Credit Account (CA), deposit collateral, and obtain up to 10x leverage from the LP pools directly. CA users can then deploy the levered capital on popular DeFi protocols."'' | |||
===Fees=== | ===Fees=== | ||
===Upgrades=== | ===Upgrades=== | ||
| Line 46: | Line 56: | ||
*Can be found [Insert [[LINK|link]] here]. | *Can be found [Insert [[LINK|link]] here]. | ||
==Usage== | ==Usage== | ||
* [https://ournetwork.substack.com/p/ournetwork-146 From] [[Our Network]] (11-11-2022): | |||
''"Since V2 launch on Oct 31, [[Total Value Locked (TVL)|TVL]] and capital borrowed on Gearbox have increased more than 10x to $100m and $70m, respectively. Currently, the most popular strategies are leveraged stable farming: LUSD3CRV-f and FRAX3CRV-f account for 69% of CA assets."'' | |||
===Projects that use or built on it=== | ===Projects that use or built on it=== | ||
==Competition== | ==Competition== | ||
Revision as of 02:31, 14 November 2022
Gearbox is a generalized leverage protocol. In essence, the protocol brings about “composable leverage” by allowing users to deposit collateral and borrow from a segregated pool of capital which they can then bring to any whitelisted protocol in DeFi.
Basics
History
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
- From Our Network (11-11-2022):
"Since Gearbox is currently limiting Credit Account access to whitelisted Leverage Ninjas, with the intent of limiting risk, the recent growth in CAs reflects only a fraction of the total demand to use the protocol. The protocol will fully remove the whitelist in the future, but there seems to be early PMF with borrowers."
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Coin Distribution
Technology
- Whitepaper or docs can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on:
- Programming language used:
Transaction Details
How it works
- From Our Network (11-11-2022):
"Gearbox allows users to deploy leveraged positions across DeFi protocols and enable boosted APYs in a composable manner. On Gearbox, LPs supply funds to pools in order to earn interest. Borrowers create a Credit Account (CA), deposit collateral, and obtain up to 10x leverage from the LP pools directly. CA users can then deploy the levered capital on popular DeFi protocols."
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
- From Our Network (11-11-2022):
"Since V2 launch on Oct 31, TVL and capital borrowed on Gearbox have increased more than 10x to $100m and $70m, respectively. Currently, the most popular strategies are leveraged stable farming: LUSD3CRV-f and FRAX3CRV-f account for 69% of CA assets."
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
Funding
Partners
(:
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