[the story continues…] Searching for Leverage Sensei on the floating island.

GM, GEARheads! If you are here for some product related stuff, turn away, you’ll only find disappointment and dismay. It’s our V1 that we mourn, so only lore for today. This is the continuation of Gearbox’s journey; and what better way than to start the beginning than with an end… If you want to see product-related stuff, and just catch up with the latest DAO work: check the Notion board.

The past few weeks.

It was the beginning of April, way before the unnamed parties news - it was Leverage Sensei who went missing. His GEAR Robots, still running the systems smoothly, were still with us, but without his care it was only a matter of time that they wouldn’t be able to keep the V1 Island afloat.

The multisigs and the contributors searched for sensei only to find his dojo at sixes and sevens, Gears on the floor, V1 robot’s schemas missing and… a mystical box shining with bright light in the middle of it all.

What seemed like a consequence of destruction quickly turned into a flood of hope and adventure as we found the below note by Leverage Sensei.

Aiding the master, the DAO passed a few GIPs and further improved the protocol in hope to actually unveil Sensei’s location and find out what happened to him. There wasn’t any other choice than to trust the box?

While contacting Sensei was hard, it was harder to find the secret of the box. In hopes to find the secret of the box and where our Sensei was, we took the box to the one responsive thing he had left behind… The V1 Robots.

One V1 robot saw the box and in a glimpse was stunned, what seemed like danger to us was quickly accepted by him. The box drained the V1 of almost all it had and let out a beam towards a cloud in the sky…

The V1, like the force it has always been, accepted evolution as an old friend, and went with it gladly, and, as equals, they departed the island of V1.

Befuddled and amused, the contributors through May and April put in everything they had, growing the TVL, adding new assets and developers gearing up the potential to cross that cloud where our Sensei and Gear Robot might be. Here are the travellers’ notes about the process you can read. After all the effort, we managed to get to the floating castle in the sky.

“Don’t Look Up” to the sky, as the movie title says, was the wrong advice — the answer was indeed in the sky. We managed to get to the floating castle in the sky. What a journey it was! And here is what we found…

The events of today.

There were more robots.

But there was something peaceful in their appearance. They were unbothered. Moisturized. Happy. In Their Lane. Focused. Flourishing.

It’s almost like they went through a lot, and were waiting for something to happen… and that was indeed the case. They have lived through the June contagion of 2022. And not just that.

These V1 robots were the early creation of Leverage Sensei, who kept helping him along the process. He instructed them to guard V1 and give his students instructions on how to find him. We looked at the notes Sensei left for us, and found a secret room in the heart of the island.

It was a control panel with instructions on it. Right in the center of the island, where a gear-box was fuelling the castle floating in the sky. That was it, that’s where V1 was operated from! And on its side, there was a note:

Good job on finding this place! I guess my first robots helped you. Take them with you. As for me, I have gone further to finish my work on V2… I can feel it’s almost done! But I have to disappoint you — V2 is not on this island. Let this island float in the sky, don’t destroy it. Let it be. Take the new gearbox with you, all the instructions are there! I have to run now. Good luck…

We searched for hours, but we couldn’t find any new boxes. Confused, we were ready to leave the island. And then, something unexpected happened…

Another Box fell from the sky!

Maybe Sensei instructed one of his helpers to reveal it only after we were ready to leave, maybe it was coincidence. But with it came new challenges and new mysteries, how do we open the box? How do we get past the cloud?

And then we saw it…

What awaits us in the future.

A special task required a special force and Gearbox has been blessed with the best of it. We saw it, the Leverage Ninjas — who they are and where to find them? We’ll find out soon… Guess that’s enough of a lore today!

Now, let’s distill the narratives and move back to the product side of things.

The past months have been a lot of work and audits have been going on with regard to V2. Remember that Gearbox Protocol is modular, so a full re-deployment is not required as some pieces can be taken in-and-out as the DAO votes & multisig executes on these actions. With work nearing completion, we expect the Leverage Ninja mode to go live end of July with better interface flow, better anal… you know what? Why don’t we keep this for the next lore.

What can you do right now though?

Keep an eye on the Discord and Forum to discuss and vote on new assets & improvements; provide liquidity on the LP passive side to earn APY and GEAR rewards (they are not shown yet, but they are accumulating), and wait to see more news about how & where Credit Accounts can be used in V2! See you soon, GEARheads. Let’s see where the Leverage Ninjas are hiding…

If you haven’t guessed yet, most references are to the “Castle in the Sky” anime. It’s a family-friendly one, recommended to watch. Here is the Wikipedia page.

How To Get Involved?

If you would like to join — just get involved on Discord. Discuss, research, lead and share. Call contributors out on their bullshit and collaborate on making things better. Here is how you can follow developments:

JOIN DISCORD

--

--

Gearbox Protocol ⚙️🧰
Gearbox Protocol ⚙️🧰

Prime Brokerage on-chain. Open a Credit Account & get 15%+ with composable DeFi-native leverage; or earn passive APY with no stress 👉 https://app.gearbox.fi/.