Notas detalhadas sobre copyright gmx
Notas detalhadas sobre copyright gmx
Blog Article
The GMX token serves as both a utility and governance token within the platform. It accrues 30% of the platform’s generated fees, which include market making, swap fees, and leverage trading.
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Affiliate Disclosure: Clicking and Signing-up on platforms using our links on blog posts might help us earn as affiliates and keep our hopes high on providing you with the best information on the Net.
However, this did not deter GMX’s growth in any real way thus far. Since the start of 2022, GMX averages a protocol revenue of USD $2M per month.
GMX is built on the Arbitrum, and Avalanche GMX provides trading services for spot and perpetual contracts on the chain. GMX supports up to 30x leverage, and users can enjoy low transaction fees and near-zero spreads.
However, when GMX or esGMX is unstaked, a proportionate amount of Multiplier Points are burnt. This further incentivizes users to keep their GMX and esGMX tokens staked rather than selling them or unstaking.
On the surface, the GMX protocol fulfills the wishes of almost all liquidity providers: long-term, stable, low-risk, high-yielding gold flows. But the truth is less rosy than it seems because GLP liquidity pools are more than just deposits and lending like banks. Their excess returns well above the general market interest come from traders’ forfeited margin, and the increased risk taken is traders’ profit.
On the Arbitrum website network, consensus is achieved through Ethereum's layer-2 solutions. On the other hand Avalanche employs a DAG-based protocol where transactions are validated through random polling among nodes. These systems are ensuring rapid and secure transaction processing on the GMX platform.
The GMX project is spearheaded by a team of experienced developers and blockchain experts who are committed to making GMX a leading copyright. The project operates on a governance model that ensures transparency and accountability.
Trading fees and bid-ask spreads are liquidity providers’ primary income sources. However, those who buy and sell frequently and in big quantities prefer lower costs, tighter bid/ask spreads, and greater market depth.
GLP’s price is contingent on the price of its underlying assets, as well as the exposure GMX users have toward the market. Most notably, GLP suffers when GMX traders short the market and the price of pool assets also decreases.
When the ratio of the Floor Price Fund to the total amount of GMX in circulation is lower than the market price of GMX, it will buy back and destroy the GMX in circulation so that the price cannot fall further.
EsGMX is a special form of locked reward on GMX and can be utilized in two ways: staking or vesting. When staked, esGMX functions the same way as regular staked GMX, earning ETH/AVAX rewards and esGMX.
Liquidity providers want high returns, and GMX opens the way to make this possible. As long as the market traders lose money, returns will increase. Liquidity providers do not want to take the risk of loss, GMX uses statistics to show that short-term losses will occur, but long-term profits are the inevitable result.