To mine a Credit Account from an eligible address, you still need a merkle proof and salt. Those merkle proof and salt are baked in the UI to simplify this process. You can still do it all manually though. So why do it this way at all? This is a slight protection against those who might have a lot of wallets in the eligible list … See more Approximately at 15:00 UTC on December 16, Thursday. Could be a few minutes before or after, depending on how the UI goes up — stick around Twitter and Discord to know … See more In the most pure form, one account deployment costs 2.5M in gas fees, which is 0.25 ETH in case gwei is 100 — like it has been in the past … See more WebDescription: Gearbox is a generalized leverage protocol. It allows you to take leverage and then use it across other DeFi protocols and platforms in a composable way. ... If you …
Gearbox
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Gearbox Protocol ⚙️🧰 (@GearboxProtocol) / Twitter
WebSep 20, 2024 · This wasn’t the case for DeFi protocols which optimized for TVL previously, but for Gearbox it is. And here is where this point 2 is also a reply to koala’s worry above: If there is 50M or 200M in the passive pools, ALL will be utilized. The reason for that is that Credit Accounts offer true organic PMF [assumption though]. That means, if ... WebWeb gearbox protocol (gear) is a decentralized leveraged lending protocol based on ethereum. Credit Account Mining Is Here. It allows you to take leverage and then use it … WebGearbox Protocol is decentralized and open-source, and has no one person controlling anything. It has also been audited more than 6 times, has a live bug bounty, as well as … the maxx unmasked