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 starters, users can act as passive liquidity providers. It is low risk and has a passive yield. Users are not required to manage their positions actively. Furthermore, they only need to provide capital to earn passive APY with no risk of loss. It will also have no capital lockup or withdrawal fees.

Users can also go in a more aggressive direction. It is appropriate for leverage users who are actively degenerating in top farms. It is also recommended that you are well-versed in risk management and participate in DeFi more actively. Simply open a credit account, get up to 10x leverage, and use it across multiple DeFi. Finally, using the Gearbox Protocol, you can select the highest yield pool with the safest position.

How to Purchase Gearbox Protocol (GEAR)
Follow these steps to purchase Gearbox Protocol (GEAR) on MEXC:

1.Log in to your MEXC account and then select [Trade]. Select [Spot].
2.To see the available trading pairs, type "GEAR" into the search bar. As an example, consider GEAR/USDT.
3.Scroll all the way down to the [Spot] box. Enter the quantity of GEAR you wish to purchase. You can place a Limit order, a Market order, or a Stop-limit order. Consider the Market order. To confirm your order, click [Buy GEAR]. The purchased GEAR will be stored in your Spot Wallet.

Recent Gearbox Protocol (GEAR) Price and Performance 

MEXC will list Gearbox Protocol in the Assessment Zone on December 23rd at 08:00. (UTC).