Gearbox improves capital efficiency by providing users access to leverage on any protocol.
What is Gearbox?
Gearbox improves capital efficiency in DeFi by introducing Credit Accounts, which are isolated smart contracts with predefined, whitelisted parameters like liquidation thresholds and approved tokens. Credit Accounts, holding both user funds and borrowed margin funds, can be deployed on any DeFi protocol, and are non-custodial, so users never lose ownership of their assets.