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.
To trade perpetual contracts on GMX, users first select the trading pair they wish to trade and choose whether to go ‘Long’ or ‘Short’ based on their market predictions. Next, they set the parameters of their trade, including the asset used as collateral, the amount they wish to pay, and the asset they are betting on.
$GLP holders have exposure to all of these assets, as well as trading fees and some rewards in the form of $esGMX tokens.
GMX does not use an order book to create a trading market or AMM to make quotes, so theoretically, there is pelo slippage. As long as liquidity is in the liquidity pool, orders of any size can be absorbed instantly without impacting the market price.
Depositing money in a bank account is no different, although the return mechanism is not the same as a simple lending agreement.
However, when GMX or esGMX is unstaked, a proportionate amount of Multiplier Points are burnt. This further incentivizes users to keep their GMX and esGMX tokens staked rather than selling them or unstaking.
Traders opening positions on GMX trade against the pool, with GLP functioning as the counterparty to traders on the platform. While get more info 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.
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.
GMX.io is a DEX that is built on Arbitrum and Avalanche. Users can trade their BTC, ETH, AVAX, and other top cryptocurrencies with up to 30x leverage directly from their wallet. It is also supported by a multi-asset pool that earns liquidity providers fees from market making, swap fees, and leverage trading.
The Completa 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 '--'.
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 no infrequent losses.
There needs to be a reduction in transaction costs to get more people willing to trade, which creates a positive cycle where more fees and revenues attract more liquidity.
On AMM, users trade against a pool of tokens known as a liquidity pool. AMM users supply liquidity pools with copyright tokens, whose prices are determined by a constant mathematical formula.
Risk Warning: Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and copyright is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance.