Gearbox's programmable wallets, called credit accounts enable users to borrow USDT0 with leverage. This leveraged USDT0 position can then be deployed on permitted protocols, turning DeFi leveraged. One dollar, turned into ten. Borrow up to 10X your USDT0 and use that credit across DeFi on Plasma to turn any protocol leveraged.

Gearbox's programmable wallets, called credit accounts enable users to borrow USDT0 with leverage. This leveraged USDT0 position can then be deployed on permitted protocols, turning DeFi leveraged. One dollar, turned into ten. Borrow up to 10X your USDT0 and use that credit across DeFi on Plasma to turn any protocol leveraged.
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Gearbox Protocol said its credit accounts can now borrow USDT0 with up to 10x leverage and deploy that borrowed capital across permitted DeFi protocols on Plasma, framing the product as a way to make β€œany protocol leveraged.” Gearbox’s credit accounts are isolated smart contracts that combine user collateral and borrowed funds, letting users interact with external protocols while keeping positions non-custodial and governed by liquidation rules.

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