<aside> 🔥 V2 access in the first weeks will be restricted to Leverage Ninjas: a curated list of whales with $50K minimum who will be able to enjoy leveraged Convex, leveraged Curve, leveraged Lido, and so on. ****Let’s onboard YOU 🥷 for the juicy yields. → How to onboard? Just read below to understand the system & then simply give your address! You can give it either via DegenScore, or ping in Gearbox Discord.

💡 meanwhile, the LP side of passively providing liquidity Aave-style is open 24/7. You can already provide liquidity on the passive side and earn yield + **retroactive GEAR.** You can do so in Gearbox dApp. LM would likely be commencing soon with V2. This primer is however focused on the active side, meaning Credit Accounts composable leverage.

</aside>

V2 of Gearbox Protocol is coming up at the end of July! What does that mean? - new protocol integrations & new assets will be up for voting soon enough. If they pass, that should include being able to leverage trade in-and-out of CRV, CVX, FRAX, FXS, and so on. At the same time, you can also use them as collateral assets to increase your leverage. In addition, protocols like Lido + Curve + Convex + Yearn will be up for leverage farming as well.

That implies all sorts of leveraged positions, be it long/short or delta neutral:

• leveraged stablecoin farming (meaning you can take even x10 leverage)
• leverage farming Lido stETH (meaning you can take even x10 leverage)
• cross-collateral leveraged positions (get ETH-native yields while having debt in stables)
• cross-collateral farming (use WBTC as your collateral yet farm with stables)
• portfolio margining your bags (get leverage in stables while not selling your bags)
• you can also leverage trade, but alas, perps offer higher leverage than spot, always.
• In terms of pools on Curve, Convex, and Yearn: 3CRV, steCRV, sUSD, FRAX, GUSD, LUSD should be available. YOU decide how and where to get the yield! We just give you leverage.

<aside> 📖 Quick FYI on Gearbox Protocol if you forgot

• ← click to see a primer on the protocol’s architecture </aside>

Below you can find brief info on what APYs you can earn, the risks, and how to become a Leverage Ninja. If you prefer a PDF, here it is. Otherwise, scroll through screenshots.

Leverage Ninja DS.pdf

Yup, that’s right! Yearn good yields on major assets by simply following a few steps…