aGMD - GMD Protocol on Avalanche

What is GMD Protocol? On Avalanche?

Following the resounding success of GMD Protocol on Arbitrum, and the GMX's expansion to Avalanche, we are now building a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Avalanche.

Similar to GMD on Arbitrum, GMD on Avalanche 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 assets.

GMD Protocol's Main Products on Avalanche:

• GMD’s first products are single-stake BTC, ETH, USDC vaults built on top of GMX and GLP. ONLY ON AVALANCHE THIS TIME.

• GMD’s reserve will earn yield from underlying backing $GLP and all revenue from the single-stake vaults.

• In the future, besides yield-earning vaults, GMD also aims to leverage derivative platforms through smart vaults (long, short, news trading, social, etc..) and arbitrage pegged assets. Check out our Roadmap to learn more!