From 0a8346645d41aa77fbfc70fa838624b305020930 Mon Sep 17 00:00:00 2001
From: "dr. mia von steinkirch, phd"
 <1130416+mvonsteinkirch@users.noreply.github.com>
Date: Wed, 8 Feb 2023 11:50:34 -0800
Subject: [PATCH] Update README.md

---
 MEV_by_chains/MEV_on_Arbitrum/gmx/README.md | 10 +++++-----
 1 file changed, 5 insertions(+), 5 deletions(-)

diff --git a/MEV_by_chains/MEV_on_Arbitrum/gmx/README.md b/MEV_by_chains/MEV_on_Arbitrum/gmx/README.md
index 70b5a22..4cc12da 100644
--- a/MEV_by_chains/MEV_on_Arbitrum/gmx/README.md
+++ b/MEV_by_chains/MEV_on_Arbitrum/gmx/README.md
@@ -6,12 +6,11 @@
 
 <br>
 
-* decentralized spot and perpetual futures exchange, built on arbitrum and avalanche
-* promised features: minimal liquidation risks, low costs, simple swap, capital efficiency, demand drivers
-* gmx enables traders to open up to 50x leveraged long or short positions via borrowing from a multi-asset pool known as $GLP (that earns lp fees through market making, swap fees, leverage trading, and asset rebalancing).
+* decentralized spot and perpetual futures exchange, built on arbitrum and avalanche, with low swap fees and zero price impact trades.
+* gmx enables traders to open up to 30x leveraged long or short positions via borrowing from a multi-asset pool known as [$GLP](https://gmxio.gitbook.io/gmx/glp) (that earns lp fees through market making, swap fees, leverage trading, and asset rebalancing).
 * $GLPs function as the counterparty, as it accrues values when traders loses, and devalues when traders win. $GLP accrues 70% of all trading fees, while stakers of the protocol governance token, earn 30%. $GLP is also emerging as a form of collateral, with lending protocols integrating the LP token into their product offerings.
 * native token $GMX functions as a governance, utility, and value-accrual token. all collected fees fo to the $GMX fee pool, which issues fee rewards (e.g., ETH/AVAX).
-* a floor price fund helps ensure liquidity in the $GLP pool, plus a reliable stream of $ETH rewards fo $GMX stakers
+* a floor price fund helps ensure liquidity in the $GLP pool, plus a reliable stream of $ETH rewards fo $GMX stakers.
 * protocol's revenues come from: swap fees, trading fees, execution fees, liquidation fees, and borrow fees
 * protocol risks: liquidity risks, market/oracle manipulation, centralization risk, scalability risk
 
@@ -32,4 +31,5 @@
 
 <br>
 
-
+* [gmx docs](https://gmxio.gitbook.io/gmx/)
+* [synapse bridge](https://synapseprotocol.com/)