GEAR
Gearbox Protocol
$0.0₃4879
1.04%
Gearbox Protocol
GEAR
$0.0₃4879
1.04%
Gearbox Protocol Price Converter
Gearbox Protocol Information
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About Gearbox Protocol
Gearbox Protocol stands as a significant innovation within the DeFi space, offering composable leverage to enhance capital efficiency across a wide range of activities. Its community-driven governance model further underlines the decentralized ethos of the protocol, inviting active participation from users and developers alike.
Gearbox Protocol is designed with the concept of composable leverage at its core, allowing users to engage in margin trading, leverage farming, leverage liquid staking, and more, utilizing up to 10X more capital across various protocols. The protocol innovates by abstracting credit accounts, merging the functionalities of lending and prime brokerage under one framework. This enables two main user groups: lenders, who provide liquidity to earn passive yield, and borrowers, who utilize these assets to create leveraged positions across different DeFi sectors without direct management of impermanent loss concerns.
The Gearbox Protocol facilitates a range of activities aimed at enhancing capital efficiency within the decentralized finance (DeFi) ecosystem. It supports:
- Margin trading on platforms like Uniswap
- Leverage farming on Curve and Balancer
- Leverage staking on protocols such as Lido
Moreover, Gearbox enables the integration of leverage into various DeFi protocols, NFTs, and real-world assets (RWA), thus broadening the scope of leverage use in the ecosystem. The leverage provided by Gearbox is executed with real assets across third-party protocols, avoiding the need for perpetuals or funding rates. This model promotes a permissionless, non-custodial approach to leverage, where users maintain control over their funds while participating actively in the DeFi market.
