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GMD Protocol news
About GMD Protocol
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 is the utility and governance token. Accrues 70% of the platform's generated fees through our vaults and reserve.
The live GMD Protocol price today is $0.324345 USD with a 24-hour trading volume of not available. We update our GMD to USD price in real-time. GMD Protocol has no change in the last 24 hours. The current CoinMarketCap ranking is #9253, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.