Here’s a great video from our very own @AllThingsETH about the new @GMDprotocol v2 markets.
✅Lend $USDC or $ETH up to 34% APR
✅Borrow $USDC or $ETH by depositing appreciating $gmdUSDC or $gmdETH up to 22% net APR
✅No liquidations
✅Capital Efficient
https://t.co/5ajIYQWqoZ
@GMDprotocol v2 $ETH and $USDC non-liquidatable lending Markets have been running great for the past month, and we’re excited to launch the $wBTC market soon.
Deposit $gmdETH and borrow $ETH
Deposit $gmdUSDC and borrow $USDC
Lenders can also earn up to 34% on $USDC and $ETH
As part of our grant from @GMX_IO, we will first initiate the following actions:
- Remove 100% Deposit Fees for all V2 Vaults
- Increase cap for $USDC, $ETH, and $BTC
In addition, additional yield in pure $ARB will start first thing next week on Monday
The 700k Cap on $ETH and $USDC vaults have been filled for a few days. So we've just expanded vaults again, now offering:
20% on $USDC
10% on $ETH
Stake now: https://t.co/ndmGt56AUC
18.5% - 19.7% on pure $USDC yields on our two vaults on $GLP and $GM-ETH 🚀
Stake NOW!!!!!!
GLP Vaults: https://t.co/IpGf0GCJzh
GMX V2 Vaults: https://t.co/ndmGt56354
Since GMXv2 Vault inception:
100k Beta Vault filled in 20 minutes. We expanded. 200k Cap. It filled again.
So $GMD-ers, we've expanded the Delta-Neutral Vaults again.
⚠️Remember: we're still in beta-testing. Audit will ready soon.
🔗Here we go: https://t.co/ndmGt56AUC