GEARBOX V3 WANTS TO BE THE NEXT GO-TO ON-CHAIN CREDIT LAYER

Summary from the TLDR Crypto newsletter

DeFi platform Gearbox Protocol is launching its v3 upgrade, which includes an Onchain Credit Layer, enabling the creation of individual credit accounts controlled by users. The system operates like an in-store credit card, providing increased capital access across various DeFi protocols. The upgrade comes with extra features like adjustable collateral limits for new and large assets and a governance and rate markets system.