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https://x.com/GMX_IO/status/1843245195095400721/photo/1
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A new Governance proposal is currently live on Snapshot: 🔸 Listing SUI, TIA, TRX, APT, SEI, TON, BONK, and WLD Please consider the proposed assets for listing and cast your votes now: https://snapshot.org/#/gmx.eth https://x.com/GMX_IO/status/1846516543187755338/photo/1
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The following updates have been completed by GMX's dev contributors over the past weeks: 🔸 Integrated Chaos Labs’ dynamic Edge Risk Oracles live in production, boosting protocol efficiency and response times 🔸 Created new markets for traders and pools for liquidity providers: EIGEN/USD & SATS/USD 🔸 Launched GLV, the dynamically rebalancing GMX Liquidity Vault, on Avalanche 🔸 Completed the code for the contract to buyback GMX, as part of the 'Buyback & Distribute' proposal that the DAO has voted to implement 🔸 Coded an updated RewardRouterV2 contract to support distributing protocol rewards in the GMX token 🔸Improved internal GLV rebalancing and Risk Oracle syncing stability 🔸 Completed various UX and RPC-related updates to further improve platform reliability 🔸 Finished several UI updates to streamline the dApp display and Trade box
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🫐 https://x.com/GMX_IO/status/1845774723164061861/photo/1
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GMX introduces a new perpetual futures market on @Arbitrum: 🔸 SATS/USD (Ordinals) Trade the 'most memeable memecoin on Bitcoin Chain' on GMX, or provide BTC/USDC liquidity to earn rewards from pool fees at: ➡️ https://t.co/DIjfl1FsOJ The new SATS/USD perpetual swap market allows users to trade the BRC-20 token SATS with up to 50x, directly from their personal wallet. --- Liquidity providers, please note that this is a synthetic market backed by an underlying BTC/USDC liquidity pool. This means liquidity for the SATS market is provided as BTC or USDC, and LPs in the GM: SATS/USD pool hold a roughly 50/50 mix of those two assets. The SATS/USD market has also been included in GLV [BTC/USDC], the newly introduced GMX Liquidity Vault. Adding the new market to GLV ensures that liquidity can always meet trading demand, as GLV dynamically shifts its liquidity to the markets with the highest utilisation. To learn more about how synthetic markets work on GMX, visit: ➡️
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GMX has just launched a new perpetual swap market on @Arbitrum: 🔹 EIGEN/USD Trade the new @Eigenlayer token now, with no deposit required and full self-custody, or provide liquidity to earn pool fees: http://app.gmx.io 1/4 🧵 https://x.com/GMX_IO/status/1844443575314210924/photo/1
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