GMX

GMX, the decentralized exchange platform, has released its Weekly Rewards Update, providing users with comprehensive fee data and incentive details. According to external sources, all fee-related data can be accessed through the dashboard on https://app.gmx.io/#/dashboard. Historical data for V1 is available at https://stats.gmx.io/, while a combination of V1 and V2 data can be found on https://dune.com/gmx-io/gmx-analytics. For information regarding Annual Percentage Rates (APRs), users are directed to https://app.gmx.io/#/earn.

Furthermore, GMX has successfully distributed all incentives for week 5, and week 6 has commenced. The platform has activated liquidity incentives on all GM pools of GMX V2. Trading incentives have also been introduced, effectively reducing fees on GMX to approximately 0.015% for all traders. However, it should be noted that the GMX Grants Program has closed its doors to new applications.

The platform's engagement is evident through its social media presence, with several tweets highlighting updates and developments. Interested parties can explore these updates via the provided Twitter links which showcase various community interactions and announcements.

GMX Collaborates with Chainlink in Twitter AMA

In a significant collaborative effort, GMX has teamed up with Chainlink for a Twitter Spaces Ask Me Anything (AMA) session. This event aims to address community inquiries and facilitate discussions about the recently launched GMX V2, the integration of Chainlink Data Streams, and the overall DeFi landscape on Arbitrum. The AMA also seeks to shed light on the potential synergies between the participating entities. The session's contributors include voices from CoinflipCanada & Fredegar Christensen. The AMA can be accessed through the following link: https://twitter.com/i/spaces/1PlKQDnQakdxE?s=20, although it's important to enable JavaScript in one's browser to participate fully.

This collaboration reflects GMX's commitment to transparency and community engagement within the DeFi ecosystem. As both platforms continue to innovate within their respective domains, their joint efforts are likely to contribute significantly to the advancement of decentralized finance.

Submitted by damian on

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