[GIP-251] $GEAR request for seeding Resolv market curated by Tulipa Capital
AI summary
This proposal asks the Gearbox decentralized autonomous organization (DAO) to provide $20,000 worth of its native token, $GEAR, to incentivize a new lending market on the Gearbox protocol. This market, curated by Tulipa Capital, will allow users to borrow against specific assets from the Resolv protocol, such as wstUSR and RLP. Tulipa Capital, an experienced DeFi firm managing over $180 million, will also seed the market with $1 million of their own capital.
If passed, Gearbox will allocate $20,000 in $GEAR tokens over three months to attract users to this new market, potentially increasing borrowing activity and diversifying the types of collateral accepted on Gearbox. This could benefit Gearbox by expanding its user base and integrating with a proven protocol, while the DAO's treasury will see a $20,000 expenditure.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Tulipa Capital introduction
Website: https://www.tulipa.capital/ Defillama: https://defillama.com/protocol/tulipa-capital
Tulipa Capital is DeFi-native collective focusing on Delta-neutral farming with more than $180M value curated.
A first market curated by them was deployed as a joint initiative between Tulipa, Resolv and Gearbox to allow borrowing against Resolv collaterals including wstUSR, RLP and its PTs.
Why Gearbox Benefits
1. **Integration with a tested protocol**
Resolv has been live and operational without major incidents, building trust among DeFi users. Partnering with R…