No momento da escrita, estimamos qual existam mais de 2 milhões do pares a ser negociados, compostos por moedas, tokens e projetos no Nicho global de criptomoedas.
Stakers can earn three types of rewards when they lock up GMX: escrowed GMX (esGMX), multiplier points, and ETH or AVAX rewards. esGMX is a derivative that can be staked or redeemed for GMX over a period of time, while multiplier points reward long-term GMX stakers by boosting the interest rate on their holdings.
Additionally to this, you will also earn escrowed GMX (esGMX), which are "locked" GMX tokens. If you decide to "unlock" these esGMX tokens, they will fully vest over 365 days and turn into regular claimable GMX tokens.
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Another drawback for DeFi futures is that the majority of the exotic pairs usually have very low volume and liquidity.
The most apparent drawback for traders is the small selection of assets in the GLP liquidity pool, as they can only trade with a few cryptocurrencies. There is a potential additional risk of sudden spikes in funding rates, which dynamically adjust to asset utilization in the GLP liquidity pool. For example, suppose you choose to go long on LINK tokens in the contract market of the GMX platform, and soon after, you open a position.
GMX is a decentralized derivative copyright exchange that allows users to enjoy low fees and zero-slip transactions through an innovative GLP multi-asset liquidity pool and aggregated read more prophecy machine quotes. Users can stake GMX or GLP to gain the network's native tokens.
The percentage of copyright customers who increased or decreased their net position in BTC over the past 24 hours through trading.
The amount of rewards that users can get, depends on the number of GMX staked and the fee revenue generated on the GMX copyright Exchange. Based on historical data, the estimated annual GMX yield ranges from 15–30%.
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The second token, GLP, represents the index of assets used in the protocol’s trading pool. GLP coins can be minted using assets from the index, such as BTC or ETH, and can be burned to redeem these assets. GLP holders provide the liquidity traders need to get leverage. This means they book a profit when traders take a loss, and they take a loss when traders book a profit.
The GMX protocol meets the needs of both liquidity providers and traders through GLP liquidity pools and GLP tokens. The GLP liquidity pool is a multi-asset liquidity pool consisting of many different cryptocurrencies.
Suitable indicators and tools combined with copyright news make up the best possible fundamental analysis for decision-making
GMX innovatively redefines liquidity pools, allowing users to exchange assets at a low cost and without price slippage, even for large transactions. For liquidity providers, GLP liquidity pools are not plagued by impermanent losses. They can add and redeem liquidity with a single asset and earn various revenues, such as transaction fees, funding rates, and liquidation fees.