Git-Mirrors/mev-toolkit
1
0
Fork 0
mirror of https://github.com/autistic-symposium/mev-toolkit.git synced 2025-04-27 19:26:15 -04:00
Code Issues Packages Projects Releases Wiki Activity

Update README.md

Browse Source
This commit is contained in:
dr. mia von steinkirch, phd 2023-02-08 13:11:28 -08:00 committed by GitHub
parent 7e451507de
commit fef520c943
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 4 additions and 1 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

5
MEV_by_chains/MEV_on_Arbitrum/gmx/README.md
View File

@ -7,7 +7,7 @@
<br>
* decentralized spot and perpetual futures exchange, built on arbitrum and avalanche, with low swap fees and zero price impact trades (large trades are set at the mark price).
* gmx enables traders to open up to 30x leveraged long or short positions via borrowing from a multi-asset pool known as [$GLP](https://gmxio.gitbook.io/gmx/glp) (that earns lp fees through market making, swap fees, leverage trading, and asset rebalancing).
* gmx enables traders to open up to 30x leveraged long or short positions via borrowing from a multi-asset pool known as [$GLP](https://gmxio.gitbook.io/gmx/glp) ($BTC, $ETH, $UNI, $LINK, and stablecoins), 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.
@ -23,6 +23,7 @@
* [tokenomics](tokenomics.md)
* [oracle abuse](oracle_abuse.md)
* [glp vaults](glp_vaults)
<br>
@ -35,3 +36,5 @@
* [gmx docs](https://gmxio.gitbook.io/gmx/)
* [synapse bridge](https://synapseprotocol.com/)
* [contracts](https://gmxio.gitbook.io/gmx/contracts)
* [gmx, by flood capital](https://twitter.com/FloodCapital/status/1562856005259902976)
* [gmx oracle, by pressiemoomboy](https://twitter.com/PressieMoonBoy/status/1562905337723748352)