4 Million Incentive for GMX from Avalanche Foundation

Avalanche Foundation provides $4 million worth of incentives for its decentralized trading platform GMX.

Avalanche community to contribute to the growth of decentralized finance (DeFi) applications in the ecosystem Under the name Avalanche Rush, 180 million dollars launched an incentive program.

GMX, which allows users to trade spot and futures contracts by using Avalanche infrastructure, is under this program. $4 million in AVAX will receive incentives.

GMX uses token model It sets it apart from many other decentralized exchanges. In the model used in GMX, liquidity providers experience minimizing the amount of temporary loss is aimed.

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