GMX, a decentralized trading platform on the Arbitrum network, has launched its Epoch 1 Incentives, promising traders substantial fee discounts and enhanced annual percentage rates (APRs) on GM pools. The platform has announced that users can now trade with self-custody and enjoy up to a 75% discount on fees. This initiative is part of the GMX V2 offerings, aiming to boost liquidity and user engagement on the platform. Detailed information about the incentive distribution can be found on GMX's official documentation site.
Seeking Community Input
As GMX continues to expand its services, it has put forth a Request for Feedback from its community regarding the addition of six potential new GM Markets on Arbitrum. The platform encourages users to voice their opinions and contribute to the decision-making process, reinforcing its commitment to community-driven development. The feedback thread is currently open on the GMX governance forum.
Upcoming DeFi Ecosystem Events
GMX is actively participating in the broader DeFi conversation through a series of events. On February 20, GMX joined forces with Avalanche and DeltaPrime to discuss liquidity growth within the Avax DeFi ecosystem, along with the newly announced GMXRush incentives. The next day, on February 21, GMX took part in a roundtable hosted by Nexus Mutual and OpenCover, focusing on how insurance coverage can help safeguard DeFi users. These events are part of GMX's efforts to foster dialogue and collaboration within the DeFi community.
Engagement Through Social Media
Social media remains a vital communication channel for GMX as it shares updates and engages with its audience. The platform has been active on Twitter, where various influencers and community members have discussed GMX-related topics ranging from trading strategies to ecosystem developments. These conversations are accessible through links provided by GMX, offering insights into the perspectives of different stakeholders in the DeFi space.
Security Notice for Discord Users
In light of maintaining robust security measures, GMX has issued an advisory for users in its Discord community to re-verify their accounts. This precautionary step underscores the platform's dedication to user safety amidst an environment where digital security is paramount. Users are thanked for their cooperation in this essential security protocol.