1/ We are thrilled to announce MUX will partner with @GBlueberryClub on the #TopBlueberry trading competition ๐ซก๐ซ
All GMX referral rebates for MUX will be added to the #TopBlueberry trading competition prize pool.
Details in ๐งต
2/ GBC is a collection of 10,000 NFTs living on Arbitrum. The collection is created by @GMX_IO community members with a tight bond to the GMX ecosystem. GBC is one of the most popular Arb NFT projects, and it's likely you've seen the Blueberries hanging out in DeFi communities ๐ซ
3/ The #TopBlueberry trading competition is an ongoing monthly competition in the GBC and GMX communities. Currently, 100% of revenue from the GMX referral code BLUEBERRY will be added to the prize pool.
4/ MUX has aggregated with GMX since Dec. 2022, and the community is always looking to build strong relationships with the partners. Therefore, MUX has changed its GMX referral code to BLUEBERRY to support the trading competition.
5/ Currently, 100% of MUX's GMX routing revenue will be added to the #TopBlueberry trading competition prize pool.
6/ The MUX and GBC contributors are also collaborating on updating the product and competition setup so that traders can directly trade via. MUX to join the #TopBlueberry trading competition.
7/ Thanks a lot for reading this post, and please stay tuned for future updates!
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The $ARB token is coming on March 23! ๐,๐งก
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Trade $ARB with up to 100x leverage and zero price impact. ๐
Here's how:
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MUX just had its highest-volume trading week in 2023. ๐
Despite routing trades between Gains Network, GMX and MUX, the lion's share of the volume was routed through the MUXLP due to the pool having the lowest trading costs.
1/ Operator, the creator of a perpetual market, is introduced. Operator can create and manage their own perpetual market by providing/choosing an oracle and set several risk parameters.
2/ Funding payment (FP) is charged between longs and shorts. Ex: If AMM longs, meaning that there are more shorts than longs in the market, the market price will be lower than index. In this case, the shorts will pay FP to the longs. AMM always receives FP in this protocol.