At @stable_summit, @0xmikko_eth highlighted a key pain point for leveraged borrowers: losing months of yield to DEX swaps. Tomorrow, Gearbox changes that. Leverage Mint and Withdraw directly from DVstETH's contract with up to 40X leverage. No DEX, no slippage, no fee. ⚙️🧰

Replacing DEX based swaps with direct minting from @mellowprotocol contracts eliminates DEX routing, fee and slippage. The change enables borrowers to retain 100% of their rewards from @LidoFinance's DVstETH using Gearbox Permissionless' institutional-grade lending stack.