Secrets gmxio copyright Top

Secrets gmxio copyright Top

Blog Article

GMX is built on a state-of-the-art blockchain that offers a high level of security and scalability. This blockchain is designed to handle a large volume of transactions efficiently, making GMX a reliable choice for users who value speed and convenience.

GMX has improved the traditional Automated Market Maker (AMM) model by adopting a unique multi-asset liquidity pool model. This model allows users to deposit specified copyright assets into the liquidity pool and thus become liquidity providers.

DOGS is a Telegram native dog-themed memecoin, designed to build a fun community around its beloved dog mascot, Spotty, and to leverage Telegram’s large user base for good.

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.

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.

But are the traders winning, or are the liquidity providers at GLP making money? Long-term performance data gives us the answer. In the case of Arbitrum, the most heavily traded market, as of October 2022, users of GMX for perpetual contract trading had accumulated losses of over $45 million.

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.

Through an AMM, there will always be a willing counterparty at a given price as long as there is enough liquidity in the pool.

Changing the borrowing fee structure to only charge the side (long or short) with greater open interest, instead of charging both sides.

GMX is powered by Chainlink Oracles. It uses an aggregate price feed from leading volume exchanges to reduce liquidation risk from temporary wicks.

This reduces the price volatility of GMX and provides a stable source of income for pledgers. Users who stake GMX tokens also receive Multiplier Points, which boost the user’s share of GLP liquidity pool proceeds by a certain percentage.

Due to the high leverage on the platform, liquidity provided on the platform is highly capital efficient. This creates relatively high APRs on GMX for GLP stakers, with the current APR hovering around 20%.

In the coming months, GMX is expected to launch several new features including synthetic assets and X4. Synthetic assets bring a brand new market to GMX, allowing any synthetic asset supported by Chainlink’s oracles to be traded.

Each check here time a trade is made, the gambler puts his margin chips on the table to guess the ups and downs, and the dealer charges an opening fee to play with him.