Blast Big Bang competition participation - Deploy GMX V2 on BLAST

I’ve linked my thoughts on this from the other chain proposal at the bottom of my reply but it remains the same. Arbitrum is a big enough chain to where it doesn’t matter much to deploy on new chains unless it gives traders an unparalleled trading experience (in the long run this matters but in the short run the ux matters more).

Things that matter way more

  • Efficient asset listing with safe risk parameters for LPs and traders (measured by how quickly we can choose → list new assets and whether or not there is relatively balanced OI)
  • Better trading UX so that traders can rest assured they won’t get screwed and they can more easily set parameters for their trades (pre-order TP/SL and trailing stops ie advanced order management)

Once assets become easy to list and that becomes turnkey and the ux becomes on par with a cex, we can think about running roughshot over new chains. And at this point I think we’re probably better off either creating a roll-app (as it brings more utility to the gmx token) or extending to Solana since the perps competition over there is just “ok” and we’d actually be reaching for an expansion of users (unlike just expanding to another L2). But again, this is a future discussion, not now.

Edit: this reply goes for basically any new chain until the team/gmx shows the ability to rapidly list new assets on a CEX-like experience. Bring awesome everywhere, don’t bring good everywhere as we’ll never dominate.

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