Gearbox Protocol: DeFi Is Boring, Let's Reinvent Credit
Credit is a widely used term, which could essentially be summarised as “more capital so you can do whatever you want”. In DeFi, there are numerous ways of getting exposure to an asset in a leveraged manner: from looping to perpetuals and margin trading, the possibilities are endless (especially when you also account for synthetic versions). Gearbox Protocol aims to create a universal, composable, on-chain ‘credit layer’, through credit account abstraction. This approach simultaneously addresses three concerns: liquidity, security and, ultimately, user experience (UX).
Topics:
- Mikael’s and Ivan’s backgrounds
- Composable leverage explained
- Leveraged staking
- Gearbox credit account
- Managing smart contract risk
- Quotas and rate limits
- Leveraged restaking
- Governance and safety parameters
- Scaling Gearbox
- Fee structure
Links:
Host:Meher Roy