🍏 The $7M+ gTrade x @Arbitrum Incentives Program is LIVE 🍏

Thanks to @arbitrum's STIP and Gains Network's grant match, 4.5M $ARB & 65K $GNS will be rewarded to traders and LPs over 13 weeks, starting now!

Here's how you can trade to earn 👇 ▶️ Token Distribution

Of the 4.5M $ARB, 3.825M tokens (85%) are dedicated to trading incentives, with the remaining 675K $ARB (15%) and the 65K $GNS directed towards liquidity incentives – aimed at growing the gTrade and Arbitrum ecosystems.

Get ready, traders... the 2-week timelock is complete, and gTrade's v6.4.2 Price Impact Expiration update is officially live! 🔓✅

This update involves changes to gTrade's Open Interest calculations and will help reduce spreads and scale volume on altcoins 👇

[1/6] gTrade’s price impact calculations are influenced by the sum of existing OI (open interest: collateral x leverage) when a new trade is initiated and the OI of the new trade itself.

While this has been effective, it's also brought limitations in terms of spreads on alts.

[2/6]

Sick of the office and want to trade on the go? Or maybe you're on a weekend away and spot a setup that's too good to miss (happens to the best of us) 🌄🤳

gTrade's got you covered with full mobile functionality and a range of web3 wallet connections! 👇

[1/7] Getting set up on a mobile device is more or less the same as a desktop.

Once you're on the gTrade homepage, select your preferred web3 wallet. @WalletConnect options include, @MetaMask, @rainbowdotme, @TrustWallet, and many more.

[2/7]

Lookbacks are an innovative order execution model developed by & exclusive to gTrade's oracle architecture.

They not only rectify missed orders and minimize latency but also guarantee the execution of all orders—a capability not possible on any order book platform! 👇

[1/11] ▶️ Issues with Other Platforms

• Missed Limits/Stop/SL/TP Orders
• Missed Liquidations
• Slippage & Partial Fills
• Missed Triggers

[2/11]

gTrade's takeaways from this weekend's SVB, $USDC, and $DAI whirlwind:

🧵 1/ gTrade's mechanisms held strong through the turbulence:

The Chainlink DON provided reliable median prices on all pairs.

Trading activity continued as expected and all profits/losses were executed in their normal manner.

The $gDAI Vault grew in TVL despite the events.

$GNS Single-Sided Staking goes live in under 2 weeks 🍏

Here's how we're bringing #RealYield to our native token:

(thread 🧵) When a DeFi protocol offers "yield", the 2 most important questions to ask are:

1/ Where is the yield coming from?
2/ Does the yield's means of distribution have stability?

Let's discuss both as they pertain to $GNS staking (coming in v6.2).