GMD Grant Bi-Weekly Update

GMD Grant Bi-Weekly Update

Date: 12/27/2023

I. Executive Summary:

a) Roadmap Progress:

  • Beta to Official Launch: Transitioned from the beta version of GMDv2 Delta Neutral vaults to an official launch following a successful audit. Audit details available at: Audit Report.

b) Milestone/KPI Achievements:

  • TVL Milestone: Surpassed 5 million TVL within a week of initiating ARB rewards streaming, marking a significant achievement for GMX and its stakeholders.
  • Ongoing Development: Committed to maintaining this development momentum.

c) Dune Dashboards:

  • Dashboard Development: In the process of creating a Dune dashboard to accurately display the TVL and performance metrics of the GMDv2 vaults.

II. Current Progress:

  • $ARB Rewards Streaming: Successfully commenced streaming of $ARB rewards to users, enhancing yields by approximately 10% for all Delta Neutral Vaults.
  • Bi-Weekly ARB Distribution: Implementing a bi-weekly airdrop method for ARB rewards distribution, based on a time-weighted scale. Detailed information on this campaign will be available shortly.

III. Community Engagement:

  • Active Updates: Consistently providing updates on vault expansions and other developments through our Discord channels and Twitter.

IV. Partnerships and Collaborations:

  • Collaboration with Ghast Protocol: Partnership with Ghast Protocol, which is built on GMD and enhances LP capabilities. Ghast Protocol has opened a market for GMDv2 receipt tokens, offering increased opportunities for LPers. More information at: Ghast Protocol.

We appreciate the continued support and engagement from our community and stakeholders as we advance in our roadmap and strive for excellence in our offerings.

Betsy & Crimson
GMD Protocol


Will ARB be automatically airdopped or will it need to be claimed?