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Gearbox Protocol (GEAR) is a decentralized finance (DeFi) platform designed to enable leveraged trading and lending on the Ethereum blockchain. It empowers users to create and manage their own lending positions, utilizing advanced mechanisms like liquidity pools and automated market-making to enhance trading efficiency.
Pax Dollar (USDP) is a stablecoin pegged to the US dollar, designed to provide a reliable digital currency for transactions and value storage in the cryptocurrency ecosystem. It aims to combine the benefits of cryptocurrency—such as decentralization and security—with the stability of traditional fiat currencies.