Incentivizing Rodeo Passive Lending : This portion of the grant incentivizes passive lending to bootstrap liquidity for leverage farmers, enabling them to borrow and earn higher yields. This serves as the liquidity used to facilitate leveraged borrowing into Farms.


GM Pool Leverage Farms: Rodeo’s leverage farms allow users to borrow up to 10x their collateral and deposit into yield strategies. The collateral and leveraged funds are swapped for the underlying GM assets by Rodeo, thus providing a positive sum net benefit in the GMX ecosystem. The funds deposited are deployed within the GMX ecosystem and add another layer of usecase for supplying liquidity to the GM pools.