gmxio copyright - Uma visão geral
gmxio copyright - Uma visão geral
Blog Article
Still, like a master contract trader, winning all the money on the platform is theoretically possible, but it is almost impossible. In retrospect, most market participants have lost, and the investors must carefully weigh returns against other potential crises before deciding to participate in an investment.
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.
$GLP holders have exposure to all of these assets, as well as trading fees and some rewards in the form of $esGMX tokens.
There are several ways of taking on leverage in copyright. copyright, FTX, and other centralized exchanges offer customers the ability to borrow funds for trading purposes. copyright and FTX both let customers borrow a maximum of up to 20 times their initial deposit. DeFi protocols like Aave and MakerDAO issue loans against copyright collateral in a permissionless manner.
The GMX project encourages community engagement with the protocol, this includes facilitating the development of community-developed projects. Some examples of successful projects include:
Successful traders are paid out by the liquidity pool, while unsuccessful traders payout to liquidity providers. This unique blend of DeFi and leverage trading services makes GMX an attractive option for derivatives traders.
Security is a top priority for GMX. The copyright uses advanced encryption techniques to ensure that all transactions are secure and that user data is protected.
A Perfeito of 30% of the fees generated from swaps and leverage trading on the GMX exchange are converted to ETH / AVAX and distributed to all the staked GMX tokens. If you are staking your GMX tokens on the Arbitrum Blockchain you would receive ETH, if you are staking on the Avalanche Blockchain then you would receive AVAX.
Users do not exchange assets and trade on GMX as they do on centralized exchanges, where many users submit limited buy and sell orders in the order book. Trading with GMX is done by depositing and withdrawing assets from a liquidity pool called GLP, which is the counterparty to all traders.
One of the DEXs that have surged in popularity due to the shift towards decentralized trading solutions is GMX, with the platform seeing its Completa value locked (TVL) rise from $108M to 501M in 2022, with $90M of this increase in just the website last month alone.
The GLP price reflects the value of all GMX assets, which are listed for trading with leverage and swaps. In other words, GLP is an index of all assets on the exchange. GMX is the utility and governance token.
Protocol revenue is split 70/30 between $GLP and the other protocol token $GMX. In addition to getting the larger share of protocol revenues, $GLP holders also get all the collateral when positions are liquidated which leads to a fluctuating but over-time growing inflow of revenue.
The broader trend in copyright trading also shows a shift towards onchain solutions, with decentralized exchanges increasingly becoming the preferred choice for privacy-focused traders.
The fast completion and zero price shock nature of GMX exchange assets make it ideal for high-volume OTC transactions. Still, the downside is that the GLP liquidity pool has a small selection of assets, which limits its potential for non-popular, long-tail assets.