RECAP:

ETH Amsterdam 2022 Recap: amazing submissions & dev interest

Dear builders & web3 dwellers.

We are happy to be back to ETHGlobal <3 In fact, that’s where Gearbox Protocol started - at MarketMake in February 2021! This time, we are super glad to be on the sponsor side, welcoming new developers & helping them build new financial & technical primitives.

We hope you’ve managed to grab enough stickers, t-shirts, and other merch - and are now ready to build! Here is quick overview of what you can do with Gearbox, useful links, and prize info.

<aside> 💡 QUESTIONS: whatever you do not find in docs (links at the bottom), in this doc, general questions, help with code... shoot it all either n Discord / Telegram / Twitter.

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What does Gearbox do?

Gearbox is a generalized leverage protocol: it allows anyone to take leverage in a DeFi-native way and then use it across various DeFi protocols. You take leverage with Gearbox and then use it on other protocols you already love. For example, you can leverage trade on Uniswap, leverage farm on Yearn or Curve and Convex, make complex delta-neutral strategies involving options and derivatives, get Leverage-as-a-Service for your structured product doing complex positions, etc.

The protocol has two sides to it:

• passive liquidity providers who earn higher APY by providing liquidity;
• active traders, farmers, or even other protocols who can borrow those assets to trade or farm with x4+ leverage. Depending on the asset and its LTV, the leverage can vary from x4 to x10+

What can be built...

• one click strategies using Multicall feature which allows developers pack several actions into one transaction (for example, open credit account, put collateral, get leverage, swap assets and provide them as liquidity - all in one tx)
• leveraged voting power: you can get more voting power to participate in governance w Snapshot or other governance tools
• fix rate / float rate leveraging with Yield / Element / Notional
• leveraged indexes
• basis trading strategies (open long position in gearbox and short position on perp and earn on the differences between borrow rate and funding rate)