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Gearbox
GEAR

0.01164
£
5.84 %
Change 24h
Crypto Casino
Market Cap
£ 10,459,330
Volume 24h
£ 943,324
Circulating Supply
899,971,000
Total Supply
10,000,000,000
GEAR
£
Description
Gearbox is a generalized leverage protocol: it allows you to take leverage in one place and then use it across various DeFi protocols and platforms in a composable way. The protocol has two sides to it: passive liquidity providers who earn higher APY by providing liquidity; active traders, farmers, or even other protocols who can borrow those assets to trade or farm with x4+ leverage. The core vision is to become a backend composable leverage protocol that all kinds of users have but don’t even need to interact directly with any interface. You can envision building your own DeFi protocol and just making a “take leverage with Gearbox” as a button.
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