Os Princípios Básicos de gmx.io copyright
Os Princípios Básicos de gmx.io copyright
Blog Article
The GMX token serves as both a utility and governance token within the platform. It accrues 30% of the platform’s generated fees, which include market making, swap fees, and leverage trading.
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.
The decentralized exchange ecosystem is based on two tokens: GLP and GMX. The first token serves to supply liquidity.
Please ensure that you exercise sufficient risk management, have done your own research in regards to GMX’s fundamentals, and fully understand the project before opting to trade the token.
This result is not surprising; a simple search on the Internet shows that more than 90% of traders are losing money. Even with a 50% chance of being right and a 50% chance of being wrong, the expectation of profit for traders on GMX is still negative, as each trade is burdened with fees for opening and closing positions and capital costs for maintaining them.
Disclosure: At the time of writing, the author of this piece owned ETH and several other cryptocurrencies.
Total staking value has topped $400 million and cumulative trading volume has surpassed $55 billion in the year since the GMX protocol was developed, making it the third-largest decentralized exchange on Arbitrum after Uniswap and Curve.
The total number of coins that will ever be created for the copyright, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Regarding protocol development, the GMX exchange has also issued GMX tokens. GMX tokens can be used for the protocol’s governance and staking, to adjust the rate structure and the weight of different copyright assets that affect the GLP liquidity pool, and to receive 30% of the transaction fees, funding rates, and clearing fees in the GLP liquidity pool. The proceeds are directly converted to ETH or AVAX.
The floor price fund helps to ensure liquidity in GLP and provides a reliable stream of $ETH rewards for those who staked $GMX.
As long as there is liquidity in the pool, the exchange will complete the transaction without the risk of not finding a counterparty to match and being unable to trade.
So why would traders still want to use the GMX protocol for trading? Because the market depth of GMX is excellent, and there are no slippage problems. Because the profit of trading is from the spread trading, using the order book trading or AMM liquidity pool trading will be due to a large amount of buying or selling to increase costs or reduce profits, but through the GLP liquidity pool to open.
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.
GMX operates on a consensus mechanism that ensures all transactions are validated and recorded on the blockchain in a secure and transparent manner. This read more mechanism is designed to prevent double-spending and maintain the integrity of the GMX network.