GMD Protocol on Arbitrum
  • 🟦GMD Protocol Overview
    • GMD Protocol
    • How GMD Protocol Works
    • #RealYield Revenue Sources
    • Earning Strategies
    • GM DAO Voting
  • 💲GMD Tokenomics
    • $GMD Tokenomics
    • Mint and Supply
    • Launch
    • Yield
    • RP for Stakers
    • esGMD
    • esGMD Seed Rounds
  • 💰Delta-Neutral Vaults
    • Delta-Neutral Vaults
    • Working Mechanism
    • Vaults Capabilities
    • Vaults Limit
    • APY and Deposit Fees
    • Vault Migration
  • 👾GMD Delta-Neutral Strategy
    • Market Volatility Risks
    • Pseudo-Delta-Neutral Strategy
    • Delta-Neutral Ratio
    • Manual Rebalancing of Deposits
    • Protocol's GLP Reserve (The Reserve)
  • 🛣️Protocol Roadmap
    • Up-to-date Roadmap
    • Initial Roadmap
  • 🔗Protocol Links
    • Dapp
    • Treasury and Multisig
    • Contracts
    • Audits
    • Socials
Powered by GitBook
On this page
  • How it works:
  • gmdTOKENS:
  1. Delta-Neutral Vaults

Working Mechanism

How it works:

All three vaults are going to be auto-compounded and will appreciate in real time.

Vault Stakers will receive gmdTOKENS representing their positions in the vault. For your stake positions for USDC, ETH, and BTC respectively, you will receive gmdUSDC, gmdETH, and gmdBTC as receipt tokens representing your original positions.

GMD tokens appreciate in value at their APY rate (similar to the mechanism of aUST)

As an example, if you exchange 100 USDC for 100 gmdUSDC, in a year time, your 100 gmdUSDC will be worth 120 USDC if you are to unstake.

gmdTOKENS:

Through gmdUSDC-USDC, gmdETH-ETH, gmdBTC-BTC Uniswap V3 liquidity, these tokens can then be used to form Uniswap V3 liquidity to allow for instant entering the vaults in the case the vaults are completely filled.

GMD Protocol encourages our stakers to do this to earn extra trading fees from Uniswap with minimal to 0 impermanent loss.

PreviousDelta-Neutral VaultsNextVaults Capabilities

Last updated 2 years ago

💰