📈 $gUSDC TVL has fully flipped the the $gDAI vault!
What does this mean for the gTrader? 👀
🎢 Open Interest available is tied to vault size per collateral and $USDC is due to level up! ✨ A larger $gUSDC vault will allow bigger trades using $USDC as collateral
⬇️ Lower borrowing rates on your $USDC collateral trades 💪 Max Open Interest is dependent on deposits + over collateral
🐬 The FLIP to increase OI on $USDC is to be initiated mid September after a two week time-lock!
🎉 v9.2 (Noble Butter) is now LIVE on #gTrade! 🙌 GM!
This upgrade brings: 👉 Reduced spreads on crypto! 🧈 👉 Lowered borrowing fees! 💸 👉 Better OI utilization! ⚙️ 📚 Learn more in the Medium article: ⤵️ https://gainsnetwork-io.medium.com/v9-2-enhanced-spread-formula-and-competitive-liquidations-9cd99ea3497e
Welcome to Epoch 10 of 🍏 Gains Network’s @Arbitrum STIP-Bridge program! 👏
This week (August 30th to September 6th), 203,389 $ARB will be distributed as follows:
📈 Trading Incentives 💵Fees: 163,636 $ARB
🌊 LP Incentives @CamelotDEX: 6,666 $ARB for GNS-WETH liquidity incentives through Merkl @CamelotDEX: 5,500 $ARB for gUSDC-USDC liquidity incentives through Merkl @pendle_fi: 5,000 $ARB for the gUSDC pool @Penpiexyz_io: 1,998 $ARB to bribe the Pendle gDAI pool @Penpiexyz_io: 6,000 $ARB to bribe the Pendle gUSDC pool @TimeswapLabs: 3,500 $ARB for the gUSDC market incentives @TimeswapLabs: 3,422 $ARB for the pt-gUSDC market @Balancer: 3,000 $ARB to boost the gUSDS-aUSDC liquidity pool @SiloFinance: 4,667 $ARB for the gUSDC lending market
Welcome to Epoch 9 of 🍏Gains Network’s @Arbitrum STIP-Bridge program!👏
This week (August 23rd to August 30th), 203,898 $ARB will be distributed as follows:
📈 Trading Incentives 💵 Fees: 163,636 $ARB
🌊 LP Incentives @CamelotDEX: 6,666 $ARB for GNS-WETH liquidity incentives through Merkl @CamelotDEX: 5,500 $ARB for gUSDC-USDC liquidity incentives through Merkl @pendle_fi: 5,500 $ARB for the gUSDC pool @Penpiexyz_io: 1,998 $ARB to bribe the Pendle gDAI pool @Penpiexyz_io: 9,422 $ARB to bribe the Pendle gUSDC pool @TimeswapLabs: 3,500 $ARB for the gUSDC market incentives @Balancer: 3,000 $ARB to boost the gUSDC-AaveUSDC liquidity pool
🆕 @SiloFinance: 4,667 $ARB for the gUSDC lending market 👀
All eyes on the #FOMC meeting minutes and #Powell's speech today - the market is bracing for volatility as the Fed may reveal crucial insights into future rate hikes! 📉📈
👩💻 Hedging or speculating? 🍏 #gTrade offers $BTC trading with Zero Price Impact and up to 150x leverage!
#gTrade's $gUSDC vault TVL is soaring 📈, surpassing the $gDAI vault by 40%! What does this mean⁉️
👉 Lower borrowing fees, more OI availability, and better trading conditions for traders using $USDC as collateral 💪
Huge thanks to partners @pendle_fi , @Penpiexyz_io , @CamelotDEX , @TimeswapLabs , @Balancer, @CopraFi and @beefyfinance for helping 🍏gTrade bootstrap this success 🙏
As the most adopted stablecoin on @Arbitrum, $USDC is now central to gTrade's mission to fuel #DeFi growth and amplify trading activity across the ecosystem.
Onwards and upwards — let's keep the momentum going 🚀