diff --git a/MEV_on_Arbitrum/gmx.md b/MEV_on_Arbitrum/gmx.md
index 2711139..549d414 100644
--- a/MEV_on_Arbitrum/gmx.md
+++ b/MEV_on_Arbitrum/gmx.md
@@ -6,12 +6,32 @@
-* decentralized perpetual futures exchange, being a foundational primitive and source of liquidity by arbitrum-based protocols
-* enables traders to open up to 50x leveraged long or short positions via borrowing from of a basked of assets known as GLP
-* GLPs functions as the counterparty, as it accrues values when traders loses, and bleeds values when traders win.
-* GLP also 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.
+* decentralized spot and perpetual futures exchange, built on arbitrum and avalanche.
+* 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).
+* GLPs functions as the counterparty, as it accrues values when traders loses, and devalue 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).
+
+
+---
+
+### tokenomics
+
+
+
+* $GMX:
+ * participate in 30% of protocol fees
+ * earn escrowed GMX (esGMX)
+ * earn multiple points that boost yields
+
+
+* $esGMX
+ *
+
+
+
+
+
@@ -23,3 +43,4 @@
* [gmx price oracle abuse](https://twitter.com/ChainsightLabs/status/1580208615654584321?s=20&t=-FG5kQ_7kAKhLnbuk05wSg)
+