Execute transactions onchain

This is the final step. With the market configured, parameters verified, and user experience tested, the changes are ready to be pushed to the live blockchain.

The Timelock Lifecycle

Gearbox governance enforces a 24-hour Timelock on all critical changes. This security feature provides users time to exit if they disagree with a parameter change.

Deployment consists of two distinct actions:

1. Queue (Propose): Submit the transaction to the Timelock contract. The 24-hour countdown begins.

2. Execute (Apply): After the countdown ends, submit a second transaction to apply the changes.

1

Finalize the Proposal

Navigate to the GIP page in the interface.

1. Finalize: Click "Finalize GIP". This locks the configuration and prepares the transaction data.

2. Set Earliest Execution Date:

   • The default timelock is 24 hours.

   • Calculation: Current Time + Signing Buffer + 24 Hours.

   • Recommendation: Add a buffer (e.g., 2 hours) to allow sufficient time for collecting signatures from multisig signers before the target execution time.

Troubleshooting: If last-minute edits are required, click "Reopen for Changes". Re-finalization is required after editing.

2

Queue the Transaction

The interface generates a link to the Permissionless Safe App.

1. Click the link to open the Safe App.

2. Sign & Submit: Execute the transaction in the Safe. This initiates the onchain timer.

Video walkthrough

3

Execute (After 24 Hours)

Once the timelock expires:

1. Return to the Permissionless Safe App.

2. Sign & Submit: Execute the final transaction.

Video walkthrough

Learn more: Transaction lifecycle details

Deployment Complete

The market is now live on the blockchain.

• New Pools: Lenders can deposit assets.

• New Strategies: Borrowers can open Credit Accounts.

Requirement: Ensure the frontend PRs have been merged so users can view the new market and strategies in the app.

• Review frontend listing guide.