Os Princípios Básicos de gmx.io copyright
Os Princípios Básicos de gmx.io copyright
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Enter the amount of ETH you’d like to swap for GMX tokens. GMX.io will display the equivalent amount of GMX tokens you’ll receive.
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.
EsGMX can also be vested over a one year period to yield regular GMX tokens. What makes this mechanism effective is that when esGMX is selected to be vested, the amount of GMX or GLP that was used to earn the esGMX is reserved.
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.
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.
However, GLP holders stand to profit when GMX traders go short and prices rise, GMX traders go long and prices decrease, and GMX traders go long and prices rise.
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.
GMX users can “long” or “short” up to 30 times the size of their collateral by borrowing funds from a large liquidity pool.
This level provides full access to futures trading and up to 150x leverage without any restrictions, making it ideal for traders who prioritize both privacy and high leverage.
Envision a copyright exchange that expertly merges the advantages of both centralized and decentralized platforms, providing users with an unparalleled trading experience. Welcome to GMX.io, a rising star in the copyright sphere that has the potential to outshine its competitors during the next copyright bull run.
Drift is Solana’s leading decentralized perpetual futures exchange, offering a broader range of 36 trading pairs compared to its competitor Jupiter, which handles more volume but only supports BTC, ETH, and SOL.
With its permissionless accessibility and leveraged trading offering, GMX combines the experience of both decentralized and centralized exchanges, showing that DeFi protocols are still breaking new ground every day. The protocol’s trading volume has more than tripled in the past two months and now ranges between $290 million and $150 million daily, indicating growing interest among copyright natives.
Many decentralized exchange aggregation protocols also favor the zero transaction spread of the GMX protocol. Yield YAK, a revenue aggregation protocol on the Avalanche blockchain network, here has more than 35% of its trading volume done through the GLP liquidity pool.