$GMD Weekly Metrics Info💰💰💰

Total revenue: 107.00 $ETH (+7.75 $ETH since last week)

Steady revenue and absolutely no compliance issues 😉

Check out our Dashboard at:

@everyone if you staked esGMD and GMD on avax, please unstake them. I have enabled unstaking from the UI. We will deploy our official staking contract in the next few days. My mistake for enabling the stake button so I have airdropped your deposit fees + another 0.1% for those who staked. Please unstake them asap!

@everyone Bumping on the THREAD COMPETITION

$4000 PRIZE POOL THREAD COMPETITION 🏆🏆🏆

GMD Protocol is announcing the first GMD Thread Comp, open for every single threadoor on the internet to join in!

Find out how you can join in and win $4,000 👇👇

https://medium.com/@gmdprotocol/gmd-protocol-announcing-threadoor-competition-6c18f385ed42

You can now stake your GMD and esGMD on avax if you wish to. WAVAX rewards has not started yet as we still need a few more days (ETA friday) to accumulate some revenue from the vaults. But you can start accumulate RPs to boost your APR.

Bridge from arbitrum: https://app.gmdprotocol.com/bridge

Stake at: https://avax.gmdprotocol.com/stake

@everyone Interesting thread our team just wrote regarding the partnership with LayerZero Labs and how that will positively affect GMD's future and boost GMD holders' benefits

https://twitter.com/GMDprotocol/status/1624270756568870914

We've made a proposal in discord for TJ V2 (liquidity pair/order book).Please read the proposal and comment any feedbacks on the post.
Please join https://discord.gg/traderjoe go to #governance-joe and put the symbol next to our proposal to show support.


More news coming and 🧵 competition is ongoing in the coming weeks. We continue to build and will keep everyone updated along the way .


Have a good Sunday everyone.

@everyone Clarification for how much fees we collect for GMD holders:
We take a part of the GLP yield as platform revenue with the consideration to remain competitive in our vaults yield. As a result, when GLP APR is 20% or lower, we tend to keep the vaults yield closer to GLP yield to maintain competitiveness. During high APY days, we tend take more fees as the vaults rate is already extremely competitive(43-46% APY).

The example where we only compound 50% in our docs is, well, just an example. You are welcome to check our stats page at https://stats.gmdprotocol.com/ to see how closely we were to GLP's APR historically.

In short, we have been able to provide the best yields on market for $USDC, $ETH , $BTC, and now $AVAX while being able to collect good revenue stream for $GMD holders.

@everyone Future Governance votes will go through a temperature check for people to react upon on this channel before going out for an actual governance vote using GMD tokens.

Saul and his crew will have a GMD DAO system finished by the end of next week and we will test out a couple of proposals as soon as possible!

https://snapshot.org/#/joegovernance.eth/proposal/0xde1e0a8db8805d1736da9bd13d614526666ef0896de95f26f096216417a319af @everyone snapshot proposal for our v2 market on Trader Joe AVAX is live! If you are a joe holder, please help us vote for this deployment. Concentrated liquidity on AVAX will help boost more arbitrage activities and more volume for our trading pairs, thus bringing more trading fees and revenues for $GMD holders!

@everyone Our 1000 esGMD SEED ROUND D is NOW LIVE via Bond Protocol!

I am announcing it here first before making an official announcement on Twitter

The price is pretty juicy at the moment with a near 25% discount from market price!

Bond now at: https://app.bondprotocol.finance/#/market/42161/41

@everyone Our first GM DAO Voting Temperature Check is coming soon. Either later today or tomorrow.

Frequently check out <#968902123184062511> to not miss out on ur voting rights!!!

@everyone I just realized there are a lot of messages that I have missed in my waiting inbox.

Guys, there are a lot of scammers in our inbox, and we are more likely to not reply to a random message.

If you are looking to message me, Saul, or any member of the team for a potential partnership, introduction, or any good reason, please create a ticket and ping us specifically.

@everyone GMD LAUNCHPAD DETAILS ARE UP

In light of recent flawed sales models that negatively affect investors, we are creating GMD Launchpad. And we are delighted to announce that GMD protocol will onboard Yieldfarming Index (@YieldfarmingI) as the FIRST-EVER protocol to launch on GMD Launchpad, a decentralized crypto hedge fund.

Details on YFX Protocol Presale 👇👇👇
https://medium.com/@gmdprotocol/gmd-launchpad-1-yfx-protocol-5f11a5ccc0de
Details on GMD Launchpad 👇👇👇
https://medium.com/@gmdprotocol/gmd-launchpad-onboarding-new-projects-to-gmd-ecosystem-and-arbitrum-b3ad0272ba5

@everyone 🥳MILESTONE SURPASSED ALERT

🤑$200,000+ TOTAL DISTRIBUTED REVENUE

One of the biggest strengths of GMD Protocol is our ability to create amazing #Realyield profits for our investors.

We promise $200,000 is just the start 🫡🫡🫡

@everyone Since we want to devise a better way to receive Project Proposals, project owners please answer the following Google Form to propose your project to the GMD Launchpad:

https://forms.gle/3wXFue4TWCjsaGKXA

@everyone I am excited to announce the launch of our new INFORMAL GUIDE / AMBASSADOR PROGRAM!

SIGN UP to be one of our AMBASSADORS and earn up to $500/week NOW!

https://medium.com/@gmdprotocol/gmd-informal-guide-program-become-an-advocate-for-your-favorite-defi-protocol-872b8f47f44b

Emergency withdrawal will be enabled in the next 10-15 hours:

GMD Protocol will give people an option to withdraw with a 5–10% haircut. Our dev team is currently working on the smart contract upgrade for that right now, and it will come out within the next 10 hours.

For more information, please access this Medium article on our official announcement:

https://medium.com/@gmdprotocol/gmd-update-on-dn-vaults-withdrawals-will-be-enabled-in-the-next-10-hours-a8d8f6d5841