
Magical Composable Leverage Machine - w/ Ilgiz & Amplice from Gearbox - Flywheelpod #27
Flywheel DeFi
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How Does Liquidation Work in Gearbox?
The fees from gearbox. Okay actually gearbox has several sources of years viewed. First one there is spread between borrower rate and supply rate that's I guess also pretty similar for our compound yeah so all the service some spread. So this is one of the sources and second source from liquidation side if the liquidation happens protocol source forget some fees. Yeah I think it was 10% last week or something so probably people aged into that. Got it and what are the fees like to use a credit account could you kind of run that of those for me. Here from the gearbox.
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