At the time of launch the Airdrop v1 represented about 5% of the total supply and there’s still 14% of $OP tokens reserved for future airdrops. @optimismFND Airdrop #2 : All-in-One Guide
@GMX_IO For derivatives trading, the maximum leverage applied on GMX is x50.
To use leverage, users must collateralize assets, GMX accepts any asset traded on GMX as collateral. We will give an example when you use USDC as collateral.
[PART 1] Everything You should know about @GMX_IO $GMX 🫐
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@GMX_IO GMX is a decentralized exchange project, supporting spot trading and derivatives trading, built on the @arbitrum - layer 2 network of Ethereum.
@GMX_IO@arbitrum As one of the first perpetual contract exchanges on @arbitrum, GMX gained a lot of users, then continued to expand into the Avalanche ecosystem.
Arbitrum and Avalanche are GMX's ecosystems. These blockchains have lower transaction fees and faster transaction speeds than Ethereum
• In order to have 1 $DAI in the market, users need to collateralize other cryptocurrencies that are worth greater than the amount of DAI issued (1.2 $USDC for instant)
@zksync@StarkWareLtd Two of the biggest Layer-2 (L2) solutions that use ZK rollup technology to make the Ethereum network bigger are zkSync and StarkNet.
A zero-knowledge proof or protocol is a way for one party (the prover) to show another party (the verifier) that a certain statement is true without giving away any information other than the fact that the statement is true.