Ajudar Os outros perceber as vantagens da copyright gmx.io
Ajudar Os outros perceber as vantagens da copyright gmx.io
Blog Article
A: GMX is a decentralized spot and perpetual exchange that allows users to trade popular cryptocurrencies directly from their copyright wallets. It offers a unique blend of DeFi and leverage trading services, making it an attractive option for derivatives traders.
GMX has improved the traditional Automated Market Maker (AMM) model by adopting a unique multi-asset liquidity pool model. This model allows users to deposit specified copyright assets into the liquidity pool and thus become liquidity providers.
In terms of perpetual contracts, the GLP liquidity pool works interestingly, a bit like an AAVE type of lending agreement, where the trader deposits a portion of the assets in the GLP liquidity pool as margin, then lends a higher value asset from the GLP liquidity pool to bet against the GLP liquidity pool, paying a percentage of interest every hour before the margin is liquidated or the asset is returned.
An essential aspect of the GMX platform is its dual-token ecosystem, comprising the GMX token and the GLP token. These tokens serve different purposes: GMX as a utility and governance token, and GLP as a liquidity provider token.
Arbitrum is a layer-2 blockchain which derives its security from the Ethereum network, which provides consensus and finality for Arbitrum transactions. In other words, Ethereum guarantees the validity of the rollup’s off-chain computation and data availability behind the computation.
Users should be cautious of CEXs that currently offer no-KYC services, as history has shown that many popular platforms initially allowed no-KYC trading but eventually adopted KYC to comply with regulatory pressures.
Suitable indicators and tools combined with copyright news make up the best possible fundamental analysis for decision-making
Although GMX V1 provided a relatively comprehensive on-chain derivatives solution and became the largest on-chain derivatives market by TVL, it had several user experience issues. These included high trading fees, potentially high borrowing costs for both long and short positions leading to high holding costs, significant skew in long and short positions causing losses for GLP holders, and the risk of a single asset causing losses for all GLP holders.
Moreover, the use of no-KYC exchanges carries risks like potential for legal issues and the possibility of these platforms being shut down or restricted.
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GMX is operating on the Arbitrum and Avalanche blockchains. The integration is made possible through the cross-chain bridge called Synapse. This solution is enhancing the platform's connectivity and efficiency.
GMX can be purchased on several major copyright exchanges. Users can buy GMX with other cryptocurrencies or with fiat currencies, click here depending on the exchange.
Minted GLP tokens must be held for a minimum of 15 minutes before they can be redeemed. More info about GLP mechanics can be found here.
Traders also benefit from a GLP liquidity pool that allows them to quickly exchange large amounts of assets without price volatility, more accurately predicting losses and profits for each trade and managing their money accordingly.