The second phase of ETH Deposit was officially launched today, December 15, by the liquidity guidance program known as “Cider’ed.” This program is part of the DeFi composable leverage agreement Gearbox Protocol.
It took less than an hour to fill the pool with 3,000 ETH, which signifies that we have reached the maximum limit of the scheme. As a result of the fact that the GEAR Deposit in the first phase contains a total of around 134 million GEAR, it is safe to assume that when the third phase of Fair Trading begins (approximately 46 hours later), GEAR will be available for trading at a price of approximately $0.0288.
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