Leveraged Convex Strategies

Description

This strategy deploys Curve LP and farms rewards via Convex protocol while utilizing Gearbox for leverage by borrowing additional capital while using the LP position as collateral. Deposits: users can deposit funds into these strategies at any time.

Withdrawals are processed on monthly epochs.

Example

Outlined below is the sUSD (Synthetix USD) Curve LP strategy with 6x leverage:

1. Deposit $100 USDC into Gearbox

2. Borrow $500 of additional USDC

3. Deposit $600 into sUSD/USDC Curve pool

4. Deposit LP tokens into Convex farm

Leverage Convex Strategy