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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
🎊 Congratulations to all winners! Rewards have been sent to your Gate accounts. Please check your balances
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- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
GMX v1 liquidated old BTC positions, incurring $13 million in costs, some of which will be used to repurchase GMX.
PANews April 7 news, according to @SigmaSquared monitoring, the GMX v1 platform recently liquidated an old BTC position, generating over 13 million dollars in fees, including borrowing fees. It is reported that 30% of this fee will be used to repurchase GMX tokens. In addition, it was mentioned that a TWAP (Time Weighted Average Price Order) worth 4 million dollars is acting on a token with a market capitalization of 100 million dollars.