- no bad debt in the protocol ✅ $0 - the protocol became fully operational right after - the protocol even earned so treasury has grown 😶 - emergency liquidator profits during the pause will be voted on to give back to users, as courtesy, because otherwise the system worked…

Due to a depeg of $ezETH reported by @redstone_defi oracle, a few Credit Accounts were liquidated. No bad debt was incurred by Gearbox passive lenders. However, liquidations are never pleasant. Will be back shortly with a full recap on what happened.

Any UX / UI feedback you want to tell FE devs? 🤔 With the quota limits getting lifted within the next couple of days, there will finally be decent size for leverage point farmers to ape... So we want to address your UX/UI feedback and improve the interface(s). Comment below!

GEAR stakers have voted and the borrow rates for your favourite point farms, from Ethena Sats to Eigen LRTs, have now been reduced. 📉 Earn a week's worth of points everyday with upto 24% lower borrow costs, details below: app.gearbox.fi/accou… ⚙️🧰

Another week, another ATH. Gearbox's TVL has now crossed $400M reaching an ATH of $416M. 🫶 What next? We now enter the 2nd phase of Leveraged LRT growth. Max borrow limits increase from 50K ETH to 100K ETH as 2 new LRTs get onboarded over the next week as well. ⚙️🧰