copyright gmx.io Opções
copyright gmx.io Opções
Blog Article
Rewards are distributed to white hat hackers based on the severity of the vulnerability. This bounty program focuses on preventing Direct theft of any user funds, Permanent freezing of funds, Insolvency, Unable to call smart contracts, etc., and much more. Here is a quick table for reference:
Yes, there is a referral program on GMX.io. Users can get fee discounts and earn rebates through the GMX referral program. The referral program has a tier system to prevent gaming through self-referrals.
This advantage is even more pronounced when large transactions are needed and decentralized exchanges such as 1inch have integrated GLP. Other decentralized exchanges, such as 1inch, also integrate liquidity from GLP liquidity pools. Yield YAK offers income products supporting GLP and GMX, and the profits earned are automatically reinvested.
The website also details GMX and GLP’s market capitalizations and highlights the project’s partnerships, integrations, and related community projects. It furthermore includes a documentation section, which provides information on the exchange’s various components, and suggests methods to bridge to Arbitrum or Avalanche, or to acquire GMX and GLP tokens. Thanks to its detailed dashboards, GMX gives off an impression of transparency. As a result, the protocol’s mechanisms are relatively simple to grasp.
Because of this interdependent relationship between liquidity providers and traders, there needs to be an incentive for users to provide liquidity.
The dealer always hopes that a gambler’s error in judgment will result in a margin forfeit, even if the opening desk fee and hourly interest income mitigate the occasional lucky win.
Traders opening positions on GMX trade against the pool, with GLP functioning as the counterparty to traders on the platform. While this poses a risk to liquidity providers in GLP, historically, traders have lost more than they have profited, which results in a net increase in GLP value.
On GMX, users can select a minimum leverage level of 1.1x their deposit and a maximum level of 30x on long and short trades.
GMX.io is a DEX that is built on Arbitrum and Avalanche. Users can trade their BTC, ETH, AVAX, and other top cryptocurrencies with up to 30x leverage directly from their wallet. It is also supported by a multi-asset pool that earns liquidity providers fees from market making, swap fees, and leverage trading.
The floor price fund helps to ensure liquidity in GLP and provides a reliable stream of $ETH rewards for those who staked $GMX.
It is easy to see that the GMX protocol is very tempting for liquidity providers. They only need to deposit their copyright holdings to earn a return, and there are pelo infrequent losses.
The profit check here from the closed position is taken out of the GLP liquidity pool. The profit from closing the position will be removed from the GLP liquidity pool, while the loss will be deducted from the margin.
The advantages of the GMX protocol model for users of exchange assets are apparent. Regarding transaction fee rates, GMX is the same as most other decentralized exchanges, around 0.3% of the Perfeito transaction amount. Still, regarding exchange rate stability, GMX outperforms almost all of its competitors in the market.
Unlike typical liquidity pools, GLP users experience pelo impermanent loss and benefit directly from trading fees and leveraged trading outcomes, as per the protocol.