JUST IN: #Lending 🏦 | OurNetwork #199 Link to Read:

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✅ ⛓️ @LiquityProtocol | @SamExotic3 🦋 @MorphoLabs | @Peyhas 📊 @Compound | @sjlih 👻 @aave | @codygarrison_ ⚙️ @GearboxProtocol | @GearboxProtocol

It begins. I started @GearboxProtocol as margin trading on Uniswap. Then, it became as composable way to leverage everything. Next stop’s liquidity layer to make DeFi more capital efficient

The ETF approvals have led to traders printing massive green P&Ls On most perps, settling those trades comes at the expense of LPs On most perps, they prefer their traders to lose, rather than to win This is where PURE Margin trading is a groundbreaking alternative to…

Over the last 22 days, @GearboxProtocol PURE has increased @Uniswap 's trading volume by ~$38 million through the opening and closing of Credit Accounts. Extrapolating this linearly, we can anticipate an annual influx of ~$630 million in new volume for Uniswap pools. ... and…

Unrealised profits on PURE are now rising to over 5% of the USDC TVL. And yet, our lenders will keep printing positive APYs even if all of the profit is realised. Earn passively without trading against the users:

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Over $3M+ in ETH/USD longs value(alpha cap hit) on Gearbox PURE and the average trader is up a whopping 𝟰𝟮%+ 🤯 The contrarian trade takers to everyone right now:

🚀 Excited to dive into how @GearboxProtocol V3 is revolutionizing DeFi with a Composable Leverage layer. Let's unravel this! 🧵👇 #DeFi #GearboxProtocol

Don’t want to get cucked by funding rates? Use pure.

Literally paying <6% borrow rate on @GearboxProtocol PURE position that I entered with near 0 slippage. The best part? If a giant green dildo sends BTC to valhalla the coming days, Gearbox or its lenders have no risk of being insolvent. Entire trade happened on @Uniswap 🤌🤌

@ivangbi_ prolly best to answer but tldr is use lending market funds to hold leveraged spot positions gearbox is more capital efficient bc you can only take specific actions with the borrowed funds (e.g. swap on dex)

Impressive rates at @GearboxProtocol for longing or shorting BTC. Guess what am I doing? A major advantage that there is no counter-party risk, so if I make profit, there is no problem for cashing out.

This January, Gearbox brings leverage Back To The Farmer. V3 farms that let you access 🏦 Leveraged RWA 💧 Leveraged Liquid Staking ⏭️ Boosted trading Made possible through protocols like @MakerDAO , @yearnfi , @LidoFinance , @CurveFinance and more… Leveraged DeFi, soon ⚙️🧰

Aiming to end the V2 LM emissions entirely, GIP-87 is now live. If approved, it'd reduce $GEAR inflation by 0.36% of total supply annually. Between GIP-85 & 87, this would mean a combined reduction in inflation by ~1.5% of total supply. Vote here:

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Gearbox is Fixing Leveraged Lending ⚙️🧰 Gearbox allows users to borrow with up to 10X leverage on assets like ETH and USDC and their V3 upgrade is in alpha. This thread will serve as a primer explaining Gearbox's unique solution to leveraged lending. 🧵👇

Shorts after rushing to close their positions right before this move

How Gearbox Protocol Tackles Oracle Challenges in Defi, by @OracleSummit

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#defi #Blockchain #Oracle

All the players are in, time for you to choose your player as we approach the BTC ETF decision. Long or short BTC with some of the lowest borrow rates and a 0.01% quota purchase(trade opening) fee. All with $9.7M deep liquidity of onchain DEXes:

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End of week 2 of alpha testing and PURE has now crossed $𝟰.𝟳𝗠 in open trade value. Almost 𝘁𝗿𝗶𝗽𝗹𝗶𝗻𝗴 over the last week. Cheap rates, deep liquidity, no wicks and no LPs trading against you. 🍀 Trade on your favourite DEXes:

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Gary has given you guaranteed volatility and @GearboxProtocol is giving you cheap yet deep liquidity and you still won’t make a move anon? 👀 Long or short to feel like a god if you get it right:

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Farmers Market is back on Wednesday to talk about #DeFi Lending with: @eulerfinance , @ionprotocol , @GearboxProtocol , @TimeswapLabs , @SiloFinance , @ArchimedesFi and more! 👨‍🌾 ⏰ Jan 10th, Wed, 12pm EST 🎙️ Co-Hosts: @landxfinance & @Kmens5

Every time the funding rates spike on perps this cycle, @GearboxProtocol ’s open position value will grow. No one else can offer the borrow rates and liquidity that PURE does. Simple as that

In the last 72 hours we have had the ETF approved, denied, delayed, moved to Monday. Utter…. Chaos

🚨 Farmers Market #54: DeFi Lending 🚨 We have an amazing panel coming up next Wednesday: @GearboxProtocol , @TimeswapLabs , @SiloFinance , @ArchimedesFi and more! 👨‍🌾 ⏰ January 10th, Wednesday, 12pm EST 🎙️ Co-Hosts: @landxfinance & @Kmens5 🔗

There are a lot of leverage seekers in Crypto and the only real product is perps, but perps kind of suck. They have high liquidation risks and have fragmented liquidity. Gearbox is working on a better way. Borrow real assets to lever up and trade them as if they're your own.

Want to trade with the deepest onchain liquidity? We see new perps pop up every month, but rarely any innovate. But now there’s a new leverage alternative that lets you trade with $6B in liquidity directly on the biggest DEXes. Meet @GearboxProtocol PURE🧵

"𝗦𝗼 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗹𝗲𝘃𝗲𝗿𝗮𝗴𝗲 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗽𝗿𝗼𝗱𝘂𝗰𝘁?" Yes, but not another that makes traders and LPs trade against each other. Not another that fragments liquidity. Not another with exorbitant funding fee. Not another Perpetual, this is PURE Margin trading 🍀

🧵7/10 @GearboxProtocol had their nose to the grindstone over the break. The team released Gearbox PURE for leveraged DEX trading at the close of the year. /GearboxProtocol/status/1737818660369227973 Despite being in alfa mode, they already hit $1MM! 2024 will be big!

Shorted fiat, used it to secure ultrasound money and buy the most decentralised store of value. All done through true onchain DeFi leverage. Only for the P&L to have 4 4s? e/acc aligns itself to this @GearboxProtocol user

To all the Sell the News believers… I just have one question

PURE can not auto-deleverage anyone, true onchain leverage. Your trades are settled on DEXes like @CurveFinance & @Uniswap . Individual and protocol exposure limits ensure risk is aligned to DEX liquidity. Trade with verifiable onchain liquidity:

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You can get stopped out while traders are liquidity fishing on OI, or you can use @GearboxProtocol and not get fished. @kingfisher_btc you might wanna check this out

If you are a trader, you need to give PURE on @GearboxProtocol a try.

BTC dipped ~9% in an hour yesterday. While bottom prices across exchanges went as low sub-$40K, the bottom for BTC on PURE was $𝟰𝟭,𝟮𝟱𝟳.𝟳𝟲. The best of any exchange. Spot assets use spot prices. No amplified wicks on your leveraged trades with Margin trading. 🍀

Me taking a trade again today after telling myself I won’t trade ever again yesterday.

A great thread on "different ways to get leverage" -

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Leverage can be the devil but it’s hard to downplay how excited I am about $GEAR It’s been awhile since I’ve seen actual innovation. I farmed yfi and found the curve contracts back in the day so I think I know a thing or two

While most furiously delete those liquidation emails today, this chad took an ETH short hours before the drop, closed midwick, realised ~18ETH profit and left. 👩‍🍳☘️

6 months ago, we shared how V3 and PURE will help fade out LM emissions & increase organic rates. 2 weeks after PURE, $GEAR emissions have been reduced by 40% and organic USDC rates are over 6%, Earn passively w/o IL, counterparty risks or fee:

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Some interns are starting ETF rallies, some interns are causing ETF wicks. This intern though is here to tell you how you can back your ETF prediction for super cheap. Long or short the BTC diperino for 4-6% borrow rates on @GearboxProtocol PURE☘️

2. All deposits going through CAs A list of the latest deposits happening on $GEAR Credit Accounts. 3. Total Volume going through CAs If you count all the inner transactions going through the CAs. Gearbox has already traded > $27M in two weeks!

Yesterday, one of @GearboxProtocol users realised a profit of $280k on a leveraged stETH position. Their debt was from a DAI pool with $1.9M liquidity On perps, this would mean LPs facing a -15% drawdown, yet PURE lenders earned POSITIVE returns(organic) ☘️ How?

Funding Rates eating into your P&L? PURE 𝗯𝗼𝗿𝗿𝗼𝘄 𝗿𝗮𝘁𝗲𝘀 let you long - BTC for as low as 5.92% Annually - ETH for 12.03% - and 26 more pairs for <15% All by borrowing real spot assets to leverage trade with 𝗗𝗘𝗘𝗣 DEX liquidity:

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Onchain loans have been a pain point for borrowers in the DeFI space, because you often can’t borrow more than what you deposit as collateral. The solution: Gearbox Credit account, which gives you a safe way to deploy capital more than you currently have. Here's everything you…

📈 @GearboxProtocol dashboard updated! It now shows how many CA are active right now, how many are being opened and closed by day. This will be updated for ever, so it will be cool to see the the evolution and inevitable growth of @GearboxProtocol

PURE's 1st week of alpha testing ends with users realising a 𝗽𝗿𝗼𝗳𝗶𝘁 𝗼𝗳 $𝟰𝟱𝗞. Usually, this would lead to LPs incurring losses. But on PURE, 𝗟𝗲𝗻𝗱𝗲𝗿𝘀 don't trade against users, they just earn borrow fee 🍀 Earn w/o making leverage 0 sum:

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While still in testing phase, Gearbox PURE has now crossed $1M in Open Interest. ☘️ Early 2024 brings: - Gearbots: Stop Loss, Limit Orders etc - L2 Deployments - More assets, STIMMIES(?👀) and more… Leverage trade with the deep liquidity of your favourite DEXes. ⚙️🧰

𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐫𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧 𝐛𝐲 𝐨𝐯𝐞𝐫 𝟏% 👀 GIP-85 and GIP-86 are aiming at optimizing V3 parameters and reducing V2 passive lending emissions by over 1%. That means from ~2.6% a year to ~1.6% a year. That is about ~$1,000,000 in GEAR saved per year. The goal for…

Margin Trading with 10X leverage with @GearboxProtocol V3, and low funding rates? Here is how Gearbox is building a Composable Leverage layer for DeFi 👇

What if you could leverage trade with deep liquidity and yet not be used to become yield for LPs or MMs? @GearboxProtocol PURE’s goal is to create an alternative to perps, for users to be able to leverage trade natively on Uniswap and Curve These two platforms have 4x higher…

And there is more, some vanilla farming into V3 before the other farms come in later in January:

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