<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…