In a series of developments aimed at enhancing user experience and functionality, GMX, a prominent player in the decentralized finance (DeFi) sector, has introduced updates to its V2.1 contracts. According to sources, these updates include a new refundExecutionFee callback to support custom refund logic for integrations, and an order.autoCancel feature for automatically cancelling stop-loss or take-profit orders upon position closure. However, the deployment of these updated contracts is pending further revisions, rigorous testing, and comprehensive audits.
Upcoming Events and Community Engagements
GMX is set to participate in a Perps Roundtable discussion organized by Revelo Intel on Twitter Spaces. This event, scheduled for April 25 at 4 PM UTC, marks a significant engagement where GMX will discuss various aspects of perpetual contracts alongside other industry experts.
Innovations in Yield-Earning Opportunities
Expanding its offerings, GMX has launched yield-earning single-token GM pools for Bitcoin (BTC) and Ethereum (ETH). These pools are designed to provide investors with opportunities to earn yields on their digital asset holdings in a streamlined manner. More information about these new financial products can be found through GMX's official communications on their Substack newsletter and social media platforms.
GMX Grants Program
Another noteworthy initiative is the GMX Grants Program, aimed at fostering innovation and supporting projects within the GMX ecosystem. Details about this program have been shared on GMX's official Twitter account, highlighting the company's commitment to community-driven growth and development.
Engagement Through Social Media
GMX continues to actively engage with its community through various social media channels. Recent tweets from the company provide insights into their ongoing projects and collaborations with other players like Arbitrum, Solv Protocol, and Blueberry Pulse. These interactions not only keep the community informed but also foster a collaborative environment for growth in the DeFi space.