GMX, a prominent player in the blockchain sphere, has recently unveiled a series of updates and strategic discussions that highlight its ongoing development and community engagement efforts. According to sources, the GMX DAO contract has been successfully deployed, accessible for review on Arbiscan (link). Additionally, the organization is in the process of setting up a GMX Tally page, further enhancing its governance framework (link).
Technological Enhancements: The latest V2.1 update of the GMX contract introduces a 'shift' feature, which allows for zero-fee liquidity shifts between GM pools. However, these updated contracts are pending deployment until further changes, rigorous testing, and comprehensive audits are completed. This cautious approach ensures reliability and security within GMX's offerings. The user experience concerning token selection has also been enhanced, streamlining interactions for users.
On the testing front, GMX has deployed new contracts supporting timestamp-based data streams on the Avalanche Fuji testnet. This move is part of a broader strategy to refine functionalities before they go live, ensuring that all new features operate seamlessly across different platforms.
GMX's engagement on social media platforms like Twitter remains robust, with multiple updates shared with the community. These posts range from development updates to announcements about governance discussions (source 1, source 2, source 3, source 4).
Strategic Collaborations:
Highlighting its commitment to fostering a collaborative ecosystem, GMX has participated in several key discussions and panels. Notably, it joined forces with platforms like ApolloX, kiloEX, and SynFutures under dappOS to deliberate on the importance of derivatives trading looking ahead to the 2024 bull market (source). Furthermore, GMX was part of a roundtable discussion organized by Revelo Intel, focusing on the perpetual exchange space alongside Vest Exchange and Pear Protocol. This discussion was accessible via Twitter Spaces (source).