Article Summary, Automatically Generated By AI
Summary of GMD Protocol
- GMD Protocol is a yield optimizing and aggregating platform on Arbitrum.
- Employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields.
- Initial products: single-stake (BTC, ETH, USDC) vaults built on GMX and GLP.
- Reserve earns yield from underlying $GLP and single-stake vaults revenue.
- Future plans: leverage derivative platforms through smart vaults.
- GMD: utility and governance token, accrues 70% of platform’s generated fees.
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Numbers and figures:
- 70%: percentage of platform’s generated fees accrued by GMD token</li
Introducing GMD Protocol: Pioneering a New Era in Decentralized Finance
GMD Protocol is a cutting-edge, yield-optimizing platform built atop existing applications and GMD’s reserve token on Arbitrum, leveraging delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or LP, thereby mitigating the risks of impermanent loss and unwanted asset exposure for its constituent individual assets.
GMD’s inaugural offerings comprise single-stake vaults, denominated in BTC, ETH, and USDC, strategically constructed atop the GMX and GLP frameworks.
GMD’s reserve will generate yield from the underlying collateral of $GLP, as well as accrue all revenue derived from single-stake vaults.
In the future, beyond yield-earning vaults, GMD also aspires to harness the potential of derivative platforms via smart vaults, encompassing a diverse range of strategies, including long and short positions, news-driven trading, social trading, and more, as well as arbitrage opportunities tied to pegged assets.
GMD serves as the utility and governance token, accruing a substantial 70% of the platform’s generated fees, which are subsequently allocated to our vaults and reserve.