Author

Invariant Group

Invariant Group introduction

Wallet: 0xBe5bFa7F3288425EA40f73B3C71AE025e93EF932 Email: contact@invariant.group Website: invariant.group Twitter: x.com/invariantgroup

Invariant Group is a DeFi-native liquid fund focused on curated exposure to structured credit, leveraged markets and liquidity provisioning. With a background in active governance, protocol engagement, and strategic capital deployment, Invariant brings an agile, research-driven approach to capital allocation. The fund leverages deep onchain participation and hands-on protocol experience to contribute meaningfully to the growth and resilience of DeFi primitives like Gearbox.

Invariant’s Curation Platform

Invariant Group is committed to supporting Gearbox’s growth by actively participating in governance, vault strategy discussions, and protocol initiatives. Our goal is to help scale Gearbox’s credit layer by curating vaults that align capital efficiency with robust risk frameworks. Invariant advocates for sustainable incentive design, the onboarding of new users and protocols, and improving vault accessibility through transparent, data-driven curation.

Invariant and Gearbox

Invariant Group will begin by launching a series of curated Gearbox vaults across the most active ecosystems, starting with Ethereum. These vaults will target both generalist and specialized DeFi participants seeking structured access to leveraged yield strategies. Invariant will ensure vaults meet internal risk and liquidity thresholds while remaining adaptive to market conditions. Our curation approach emphasizes capital preservation, composability, and long-term alignment with the Gearbox community.

As the Gearbox protocol evolves, Invariant is committed to a collaborative relationship with core contributors, fellow curators, and ecosystem builders to scale the next generation of permissionless credit infrastructure.

First curation and Falcon onboarding

To support the launch of our first curated instance on Gearbox—developed in collaboration with Falcon Finance—we are requesting a grant of $15,000 worth of GEAR that Falcon will match with $15,000 worth of USDf that will be distributed during 30 days. This USDC pool will pioneer the integration of Falcon’s synthetic collateral assets into Gearbox, expanding the spectrum of yield-bearing collateral available within the protocol. The grant will be used to bootstrap initial liquidity and support vault adoption. We believe this collaboration represents a meaningful step toward making Gearbox Permissionless a foundational layer for structured leverage in DeFi, and we’re excited to help drive that momentum forward.

The initial market will integrate a diversified set of yield-bearing collateral assets provided by Falcon, including Falcon’s native stablecoin sUSDf, as well as its PT sUSDf and PT USDf variants. Most notably, the vault will support Convex-staked USDf/USDC (stkcvxUSDf/USDC)—a unique position only Gearbox can support thanks to its smart account architecture. These assets generate consistent onchain yield, enabling the vault to offer sustainable returns and cultivate sticky liquidity that remains attractive even after incentive programs conclude.

Execution

If proposal passes with "For", send $15k in $GEAR token to Reward Management multisig for LM setup.