Gearbox DAO

It is proposed to launch Gearbox V2 in Leverage Ninja mode: the leverage side (aka Credit Accounts) will initially be restricted to a set of degen addresses who will help v2 test in production. That is, so we can see the system run live with real assets. Keep in mind that this list is enforced on a contract level, and is not an interface “trick”.

Leverage Ninja List

• Only Ninjas will be able to open Credit Accounts.
• Ninjas will be able to open 1-2 Credit Accounts only. Thus, adding limits to the Сredit Account will make the system more secure - if someone finds a vulnerability, it will most likely be more profitable for him to apply for a bug bounty on Immunefy than to do an exploit. That strongly de-incentivizes any malicious behavior even though the whole user set is anonymous.

There are different addresses sourced by different contributors from Discord DMs, Discord public messages, 1-1 conversations on Telegram, DegenScore cafe, and so on. Some of those are displayed below on forum. The final list will be updated to about 175 after putting all of that together. In the future, new addresses can be added once a week or so (or more frequent)

Limits Min-Max for CA V2

Gearbox Credit Managers have limits - the minimum amount of borrowed amount when opening a Credit Account and the maximum borrowed amount.

Credit Manager	Min borrow amount	Max borrow amount
ETH	75	600
BTC	5.5	50
USDC	100 000	1 000 000
DAI	100 000	1 000 000
wstETH	75	600

Passive Earn side will have no limits per any pool as V2 presents countless opportunities for the capital to be utilized. In fact, the LM discussion targets a $55M TVL across 5 pools, meaning that over-supplying of capital is basically de-incentivized.