Gearbox Protocol
  • Overview
  • Link Tree & Dev Docs
  • What can you do with leverage 2.0?
  • Protocol overview
    • How it works
    • Credit Accounts
      • AllowedList: Integrations
        • OLD: V1 and V2
      • How to add new Contracts & Assets to AllowedList
    • Liquidations
      • Reserve Fund
    • Protocol Fees
    • Tech Paper
    • FAQ
    • History: DAO-First Launch
      • Birth at ETHGlobal MarketMake 2021
      • Kovan testing with DegenScore & lobsterdao
      • Credit Account Mining
      • Early Testers and Discord
  • Traders & farmers
    • Opening a Credit Account
    • Margin Trading: PURE
      • Boosted Long/Short or "Free Leverage"
    • Leverage Points & Restaking
    • Leverage Farming
      • One-Click Strategies
      • Leveraged liquid staking
      • Leveraged stablecoin farming
      • Leveraged Curve V2 and Convex
      • Leveraged vanilla yVaults
      • Arbitrage of correlated assets
    • Tips for leverage users
      • How to avoid liquidations
      • How to close a Credit Account
    • PRO: Leverage Bible
  • Passive Lending
    • Pools & APY
      • OLD: V1-V2 Pools
    • Dashboard: How to Earn
  • GOVERNANCE | DAO
    • Main DAO Governance
      • Guards [Multisigs]
      • Community Delegates
    • Quotas and Gauges
      • Dashboard: Gauge Voting
  • GEAR Token
    • Supply Information
    • Utility & Staking
    • Legal Disclaimer
  • Security & Risks
    • Audits & Bug Bounty
    • Risks and T&C
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On this page
  • 1. Main DAO Governance: Snapshot
  • 2. Quotas and Gauges
  • 3. GEAR-ETH Curve Pool

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  1. GEAR Token

Utility & Staking

Staking and utility sinks that exist for GEAR.

PreviousSupply InformationNextLegal Disclaimer

Last updated 1 year ago

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GEAR token is an ERC20 utility token. It started as a governance token for the protocol - and then could take any other new function the DAO could envision for it. .

Tokenomics can be adjusted in different ways. What is crucial is that the protocol has had the fee switch turned on by the DAO back in 2022, check what . There are 4 fee streams, and they are all configurable to adjust to different use cases and integrations. Vote!


1. Main DAO Governance: Snapshot

Directing protocol treasury and grants, voting on parameters, onboarding assets and protocols, and so on. That happens on snapshot, see how on . You can vote on proposals or propose yourself even if you don't hold idle GEAR but have them in the GEAR-ETH Curve LP. Then your GEAR is taken into account, for as well. Snapshot can expand its "strategies" to also account for balances of stakers, and so on. It's configurable.

2. Quotas and Gauges

GEAR stakers can freeze their tokens for 4 epochs (28 days) and vote on the extra rates borrowers are paying for every different asset. This is a very important protocol function, because it (1) creates better and more fair rate markets whereas (2) this extra fee is split between passive lenders to compensate them for their liquidity as well as the DAO (the fee goes into the ).

3. GEAR-ETH Curve Pool

There is liquidity mining ongoing for the. You take some impermanent loss on it potentially, but get an APR at the rate that might compensate for that and above. The rewards in GEAR accrued you need to claim yourself automatically, or go to Convex / Yearn for this.

Make sure to "Deposit & Stake" your Curve LP tokens, as their interface suggests.

Others

It is logical to expect that some of these utilities and staking contracts should be harmonized, so holders could do a few things at a time. Should it be? How? Should the LM move over from Curve to Uniswap? .

There could be anyone offering utility sinks for GEAR. It's up to every holder individually to decide which of the utility sinks they want to engage in. You can also propose and / or make your own staking contract, or propose to the DAO to offer something else. to discuss!

Discuss these ideas and propose your solution
Jump in Discord
Supply information is here
fee streams it currently has
governance page
delegation
Main DAO Governance
Quotas and Gauges
GEAR-ETH pair on Curve V2
Quotas & Gauges
https://curve.fi/#/ethereum/pools/factory-crypto-192/deposit
separate fee multisig