🚨 NEW: Rachel Reeves will use the Budget to impose a £2k-a-year limit on how much salary can go into a pension before paying National Insurance
The move will raise £2bn and hit salary sacrifice schemes
[@thetimes]
What's new with BMX? 📊
Last week's data reveals significant growth and activity. We're excited to share some impressive stats.
Let's take a look at the key highlights!
Don't forget to vote for the
@aeroxyz and @VelodromeFi
BMX pairs this epoch!
Here are the combined fees + incentives available for veAERO voters on @base:
$81.7k for wBLT/USDC
$7.9k for BMX/wBLT
And on @modenetwork:
$3.0k for wMLT/USDC
$0.4k for BMX/wMLT
Boost your earnings with our Freestyle and Classic trading incentives based on your trading volume from the past week.
🔵 on @base
• Classic – 500 $BMX per week
• Freestyle – 500 $BMX per week
⚡ on @modenetwork
• Classic – 333 $BMX per week
• Freestyle – 333 $BMX per week
Trade smart and watch your rewards grow!
-They said BMX is just a fork of GMX
-They said BMX is just like IntentX
-They said BMX pivoted to NFTs
-They said BMX’s wBLT token is an autocompounding Yearn vault-token for GLP-style liquidity which also earns yield from the IntentX-like and NFT marketplace revenue, increasing the degree of profitability for GLP while reducing risks of trader profits and IL.
And they are right…that’s exactly what @MorphexBMX offers.
wBLT is composable, meaning it can be transferred so it can be used as collateral to borrow against, or it can be paired with any asset, for example wBLT-USDC LP on Aerodrome. This is the important part: wBLT continues to earn the autocompounded revenue from BMX while collateralized or inside the wBLT-USDC LP which earns AERO rewards.
I know, it may be hard to grasp at first. Hang in there. It’s worth your time.
wBLT is a liquidity product in asset form, offering passive participation in DeFi with what many consider a tax advantage yield design; no need to claim or self-compound rewards.
wBLT can be collateralized, used in pool2 pairs, held vanilla in a wallet, used as incentives, used to price NFTs, and held by treasuries, all while continuing to earn revenue. It is instantly redeemable, productive bluechip liquidity.
There are risks. wBLT is the counter-party to perpetual traders and is subject to IL just as any LP is. But it has 3 product platforms fueling it on top of user-optional utilities.
BMX offers an ecosystem of retail-facing DeFi products designed to maximize yield for liquidity providers and token holders based on their level of participation. 100% of revenue from all product platforms are distributed.
Here, this will help:
I don’t get this push for farcaster adoption in the coinbase wallet, practically no ones uses it, you’ve got pay to post in certain channels, algorithm is terrible, like if you want to grow list base coins
Don't forget to vote for the @aeroxyz
and @VelodromeFi BMX pairs this epoch!
Here are the combined fees + incentives available for veAERO voters on @base :
$62.7k for wBLT/USDC
$21.1k for BMX/wBLT
And on @modenetwork :
$8.7k for wMLT/USDC
$0.6k for BMX/wMLT