GMD (GMD)

GMD (GMD) Price

This cryptocurrency is not listed for trading or services on Gate.

$2.650000
+$0.014757(+0.56%)

Market Cap

$156.73K

24h High

$2.650000

24h Low

$2.640000

24h Turnover

$2.00

Total Supply

80.00K

Market Sentiment

Neutral

About GMD (GMD)

1. What makes GMD unique? GMD Protocol is a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Arbitrum. GMD employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted asset. 2. History of GMD GMD Protocol launched October 24th, 2022. With an initial price of $1 and 50k liquidity burned, the delta-neutral vaults launched 5 days after the token launch. 3. What’s next for GMD? While GMD has made several products for high yielding platforms on Arbitrum & Avalanche and potentially other chains. The protocol continues to look for additional vaults and pseudo-delta-neutral strategies to ensure yield is optimized. Newsletters are released weekly every Tuesday

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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