My favourite real yield source is dropping on #gmx,
Leverage GLP
with fees and trader dropping #bearmarket
$GLP currently gives 0 esGMX reward + there is only 7-8% yield on #AVAX and #ETH chain
Leverage GLP
with fees and trader dropping #bearmarket
$GLP currently gives 0 esGMX reward + there is only 7-8% yield on #AVAX and #ETH chain
Below is the telegram msg from #GMX around Dec. the vote has pass and they will release $esGMX till March, but there is no set $esGMX release schedule/mechanics for $GLP
Another proposal has past on 31st Dec to give out
Jan 2023: 25,000 esGMX
Feb 2023: 25,000 esGMX
Mar 2023: 12,500 esGMX
However with GLP size being so big, the esGMX reward will not be able to pull up the apy. There are also no mention of how it will be distributed
Jan 2023: 25,000 esGMX
Feb 2023: 25,000 esGMX
Mar 2023: 12,500 esGMX
However with GLP size being so big, the esGMX reward will not be able to pull up the apy. There are also no mention of how it will be distributed
source :
snapshot.org
snapshot.org
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