This proposal aims to request Gearbox DAO approval to deploy Gearbox V3 on Optimism.

Overview

Gearbox has long been asked to deploy on Optimism, but that required a lot of additional upgrades on the contract level to ensure security and solvency of the protocol, especially in conditions of (relatively) lower TVL and fractured liquidity in comparison with Ethereum Mainnet.

Finally, with V3 (https://blog.gearbox.fi/gearbox-protocol-v3-the-onchain-credit-layer/) we’ve implemented per-asset quota limits and many other features that allow us to safely deploy on L2s, and have gone through rigor…