Frax teases next frxUSD integration with Gearbox in first-of-its-kind unlock for leveraging RWA
𝕏/@fraxfinance •
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DeFi’s UX problem takes center stage as blocmates hosts Cannes roundtable with LI.FI, Lido, Gearbox, and Jumper to tackle fragmentation and user friction
𝕏/@blocmates ·
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Gearbox launches lending pools curated by karpatkey with up to 19% APY on wstETH
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Gearbox launches up to 10x leverage for Pendle PTs on Plasma
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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 TVL rebounds to $340M after an 80% crash as users pour $250M into its new Permissionless lending market; with credit accounts, unique asset integrations, and zero bad debt, the protocol is closing in on its all-time high.
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