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Gearbox · closed proposal
GIP-95 Arbitrum PURE switch on request
0x031D…a2AA·ended 2y ago
Voters
61
GEAR voted
408.69M
Token price
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AI summary
Summary pending — generation runs every 15 minutes.
Voting results
Quorum
408.69M / 200.00M GEAR(204%)
✓ Quorum met
Approve408.69M (100.0%)
Reject0 (0.0%)
408.69M GEAR · 61 votersblock 19320803
🐳 Whale votes
0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
This proposal aims to request Gearbox DAO to switch on the PURE margin trading deployment on Arbitrum in order to qualify for LTIP grant proposal.
Overview
Gearbox has long been asked to deploy on sidechains and L2 rollups, 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 of L2s.
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 …
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