Magical Composable Leverage Machine - w/ Ilgiz & Amplice from Gearbox - Flywheelpod #27
Flywheel DeFi
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How Does the LPSite Work?
Gearbox is a new type of leverage farming protocol. It works in the same way as LPSite, where people deposit collateral and get passive interest on it. There are only certain whitelisted protocols that you're allowed to farm and use. Gearbox can be used for anything from margin trading to more complex strategies such as using Ethereum instead of just keeping Ether.
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