In the continuously evolving world of decentralized finance (DeFi), GMX stands out with its recent updates and collaborations. The platform has made all fee data accessible to users and stakeholders through its dashboard, offering a transparent view of the financial metrics that drive the ecosystem. Insights into V1 and V2 data can be found at GMX Analytics, while information regarding Annual Percentage Rates (APRs) is available on the GMX Earn page.
GMX Governance Initiatives
At the heart of GMX's decentralized governance, a Snapshot vote is underway to determine the community's stance on the future of Multiplier Points. This initiative underscores the platform's commitment to community-led decisions. The proposal details can be found on the Snapshot page.
Strategic Partnership with Solv
Enhancing its ecosystem, GMX has entered into a collaboration with Solv, as indicated by another proposal on Snapshot. This partnership is expected to bring new dimensions to the platform's offerings. Interested parties can review the proposal at GMX x Solv Collaboration.
Important Technical Update
An important reminder for users: the old GMX RewardRouter will be disabled on April 15, 2024. This change could potentially freeze funds in esgmx.market and Key finance, as noted in their technical announcements for Arbitrum and Avalanche. Users are urged to stay informed and take necessary actions to secure their investments.
Social Media Buzz
The GMX community is also active on social media platforms, sharing updates and engaging with users. Tweets from official accounts provide timely information about the ecosystem's developments. For real-time updates, followers can check out GMX's Twitter handle.
Attention Pendle Users
Lastly, a gentle reminder for Pendle users: it is crucial to withdraw positions and claim all rewards from the matured GLP pool by March 28, 2024. For PT-GLP holders, redemption is available at Pendle Finance, while YT-GLP holders can claim their GLP yield via the Pendle Dashboard.