Os Princípios Básicos de gmx.io copyright
Os Princípios Básicos de gmx.io copyright
Blog Article
30% of the fees collected from swaps and leverage trading conducted on the platform are converted to either ETH or AVAX and distributed to GMX stakers.
When the market kicks off again, we are destined to see a massive influx of retail traders which will lead to a gargantuan increase in volume. This will translate to a surge in $GMX and rewards paid out to liquidity providers on the platform.
Since the GMX protocol is an aggregated quote from multiple exchanges, there is no slippage when trading on GMX, making it ideal for handling large orders. The issue of impermanent losses is also addressed by aggregated quotations, as the assets of liquidity providers placed into the GLP liquidity pool are not converted to other cryptocurrencies with reduced value due to price changes.
Moreover, GMX has its own utility and governance token, which accrues 30% of the platform’s generated fees. By utilizing Chainlink Oracles to aggregate price feeds from high-volume exchanges, GMX ensures accurate and reliable pricing information.
Since GLP stakers bear the risk of trades on the platform, 70% of platform fees are distributed to liquidity providers and the remaining 30% is given to GMX stakers.
The success of GMX has been demonstrated on many levels, whether it be trading volume, the number of users, integration with other protocols, etc., all showing upward growth. The indexed combination of GLP liquidity pools tied to a basket of copyright assets also reveals the potential for other Decentralized Finance (Defi) applications, where different types of income products can be expected to emerge to participate in GLP liquidity pools through copyright lending and contract hedging to hedge price risk while earning stable The GMX proposal for multi-asset liquidity is a good one.
GMX has a strong and active community of users and supporters. This community plays a crucial role in the development check here and success of the GMX project.
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Close positions, regardless of the amount of most of the price deviation, will not occur because there is no actual buying and selling, so there will be no problem of market price eating orders; professional traders can take advantage of This feature can be used by professional traders to do a better control of funds.
The token also facilitates fee payments for trading operations and grants holders governance rights, allowing them to participate in decision-making processes regarding the development of the GMX platform.
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 opinions expressed in this blog do not constitute investment advice and independent financial advice should be sought where appropriate.
GMX generates revenue through swap fees, borrow fees on leveraged trading, liquidations, and the minting and burning of GLP. These fees are split between GLP and GMX stakers.
Even as GMX takes the lead in the spot and perpetuals DEX space, the GMX team continues to build and develop new features for the platform.