Unlocking permissionless lending, Gearbox is now live on @LiskHQ. 🔓
🔁 Access up to 10X credit on wstETH and @mellowprotocol's lskETH
🧘 Passively lend ETH via the @Re7Labs curated pool
And earn 100K $LSK in rewards with Gearbox Permissionless. Get started ↓ ⚙️🧰
❔ About
Lisk is an Ethereum L2 purpose built for high-growth regions of Africa and SEA. This deployment aims to bring permissionless lending infrastructure to these markets using Gearbox Permissionless' institutional-grade lending stack.
And @Re7Labs curation unlocks...
🧘 Passive Lending: ETH with LSK rewards
Lending on Gearbox is as simple as Lend -> Earn -> Withdraw.
You can deposit ETH, earn $LSK and interest paid by borrowers, and withdraw whenever.
Making lending truly passive, everywhere:
⏫ Incentives
Gearbox is a part of Lisk's Alliance Boost rewards. ETH lenders will be eligible for 100K $LSK incentives over 3 months and will earn the LSK rewards in addition to the organic interest of the pool.
But that's not the only benefit of lending on Gearbox.
❔ Why Lend on Gearbox?
• No Impermanent Loss: Deposit a single asset and earn interest.
• No Platform Fees: No lending fees or withdrawal penalties.
• No Lockups: Withdraw anytime, subject only to available pool liquidity.
And borrowers utilise your ETH for the safest of..
🧑🌾 Leverage Farms: wstETH and lskETH
Users will be able to access up to 10X leverage on:
• lskETH on @mellowprotocol
• wstETH by @LidoFinance
Leverage on Gearbox is made less volatile using correlated debt and fundamental oracles, access here:
🛡️ Battle-Tested Gearbox
The protocol has been battle-tested for 3+ years and has never faced any exploits. It is further secured by
• 10+ Audits and $3M spent on security
• Whitehack bug bounties
• AI-based monitoring tools
And risk curation by @Re7Labs.
📰 Powered by Gearbox Permissionless
Lisk deployment is powered by Gearbox permissionless, an institutional-grade lending stack to set up permissionless lending markets across EVMs.
Use Gearbox on Lisk and earn 100K LSK here: ⚙️🧰
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