GMD Protocol is a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Arbitrum. GMD employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted assets.GMD’s first products are single-stake (BTC, ETH, USDC) vaults built on top of GMX and GLP. GMD’s reserve will earn yield from underlying backing $GLP and all revenue from single-stake vaults. In the future, besides yield-earning vaults, GMD also aims to leverage derivative platforms through smart vaults (long, short, news trading, social, etc..) and arbitrage pegged assets.GMD will be the governance token backed by a yield-generating reserve:<ul><li>GMD will be introduced to the market through minting with USDC.&nbsp;</li><li>All USDC used to mint GMD will be converted to yield-generating assets to produce yields for GMD holders.&nbsp;</li><li>GMD holders also earn revenue across vaults and applications on the platform.</li></ul>

GMD Protocol

GMD Protocol is a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Arbitrum L2.

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The post GameStop Crypto Soars Over 350% in 24 Hours, Boosting Stock Price appeared first on Coinpedia Fintech News
GameStop Crypto, a Solana-based meme coin, witnessed a price rally of over 350% in the past 24 hours, which also sparked a rally in GameStop stock’s price. According to official statements by HTX and Bitget, the GMD token is set to be listed on these platforms, with the listing process on HTX already underway. Blockchain …

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GameStop Crypto Soars Over 350% in 24 Hours, Boosting Stock Price

GMD protocol reveals a roadmap to use the allocated 386K ARB tokens from the Arbitrum foundation, aiming to boost the protocol’s stability and growth.

GMD ProtocolGMD

Latest GMD Protocol News and Social Media Feed

GameStop Crypto Soars Over 350% in 24 Hours, Boosting Stock Price

GMD Protocol Reveals Strategic Plan for 386K ARB Token Allocation, Aims to Boost Stability and Growth