The base layer for leverage on DeFi, reDeFining leverage and lending.
What on earth is Gearbox V3, why is it going to reDeFine DeFi? π§΅
What on earth is Gearbox V3, why is it going to reDeFine DeFi? π§΅
As a sponsored ambassador for Gearbox (@GearboxProtocol) I have written this thread to educate you on the booooolish upcoming V3 developments:
- What is Gearbox?
- Redefining lending
- Redefining scale
- Redefining revenue
- Redefining tokenomics
- Redefining UX
- What is Gearbox?
- Redefining lending
- Redefining scale
- Redefining revenue
- Redefining tokenomics
- Redefining UX
1: What is Gearbox?
To quickly catchup on where Gearbox are right now then here is the thread for you:
To quickly catchup on where Gearbox are right now then here is the thread for you:
2: ReDeFine Lending
Have a quick look at the new alpha pool:
Have a quick look at the new alpha pool:
Passive lenders will have the choice dependent on their risk appetite to go for:
- Main bluechip pool
orβ¦
- Alpha pool
The alpha pool will provide those to gain extra %APY.
- Main bluechip pool
orβ¦
- Alpha pool
The alpha pool will provide those to gain extra %APY.
What is the alpha pool?
This will be the pool that provides you with higher APY with slightly more risk.
- The pool wonβt be as conservative.
- See it as exotic lending.
This will be the pool that provides you with higher APY with slightly more risk.
- The pool wonβt be as conservative.
- See it as exotic lending.
3: ReDeFining scale
Gearbox is introducing overall exposure limits for assets in the allowed list.
This will allow Gearbox to add in riskier assets and limit the risk this brings.
This will also enable cross-chain deployments, expect to see Gearbox elsewhere.
Gearbox is introducing overall exposure limits for assets in the allowed list.
This will allow Gearbox to add in riskier assets and limit the risk this brings.
This will also enable cross-chain deployments, expect to see Gearbox elsewhere.
4: ReDeFining revenue
Gear up for an exciting new era in borrowing and lending with Gearbox!
Welcome: quota interest.
This will revolutionise the way borrowers pay interest.
Quota interest is a %APR on borrowers' quota size for each asset, paid to the Alpha pool andβ¦
Gear up for an exciting new era in borrowing and lending with Gearbox!
Welcome: quota interest.
This will revolutionise the way borrowers pay interest.
Quota interest is a %APR on borrowers' quota size for each asset, paid to the Alpha pool andβ¦
5: ReDeFining tokenomics
Uh oh, Gearbox V3 is not holding back.
Welcome minimum viable tokenomics:
Uh oh, Gearbox V3 is not holding back.
Welcome minimum viable tokenomics:
For each asset, there will be a minimal risk premium and a maximum APR set by the risk and economics committees respectively.
GEAR holders can vote into LP or Ninja buckets, with the proportion of GEAR in each bucket determining the actual APR value for each collateral asset.β¦
GEAR holders can vote into LP or Ninja buckets, with the proportion of GEAR in each bucket determining the actual APR value for each collateral asset.β¦
5: ReDeFining UX
Automation on-chain, letβs have a look at what this will bring:
Automation on-chain, letβs have a look at what this will bring:
Gearbots are open source automation contracts for managing Crypto Credit Accounts (CEX) on-chain
They enable automated portfolio management features, including stop loss/take profit orders, HF maintenance, and automatic strategy management
Gearbots can also be used forβ¦
They enable automated portfolio management features, including stop loss/take profit orders, HF maintenance, and automatic strategy management
Gearbots can also be used forβ¦
Summary:
Gearbox V3 is no joke, this is going to become the base layer for leverage in DeFi.
Wen? ππ»
Gearbox V3 is no joke, this is going to become the base layer for leverage in DeFi.
Wen? ππ»
A list of frens who may also love Gearbox:
(Who you should follow as well)
- @crypto_linn
- @defi_mochi
- @DeFiMinty
- @0xsurferboy
- @BMGarber
- @WinterSoldierxz
- @2lambro
- @BackTheBunny
- @DeFi_Cheetah
- @eli5_defi
- @jake_pahor
- @blocmatesdotcom
- @Subli_Defiβ¦
(Who you should follow as well)
- @crypto_linn
- @defi_mochi
- @DeFiMinty
- @0xsurferboy
- @BMGarber
- @WinterSoldierxz
- @2lambro
- @BackTheBunny
- @DeFi_Cheetah
- @eli5_defi
- @jake_pahor
- @blocmatesdotcom
- @Subli_Defiβ¦
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