How to Buy Gearbox Protocol(GEAR)?
GEAR, or Gearbox Protocol, is a modular leverage protocol that promotes capital efficiency in DeFi. It gives users access to liquidity pools from a variety of chains. How Does It Function? As DeFi advances, we are noticing a lack of composability, which is causing a significant impediment to capital efficiency. Furthermore, the majority of protocols are incompatible with one another. That is, users cannot simply move their assets between chains and dApps. This eventually leads to an oversupply of assets and unused capital. So, how does Gearbox enter the picture? Gearbox Protocol enables users to interact with various DeFi services in a modular fashion. Credit accounts are included in the protocol as collateral for a variety of leveraged activities. Users can now easily execute transactions. It functions similarly to margin trading on centralized exchanges, but allows users to trade across platforms. As a user, you can select either of the two features they offer at any time. For ...