Welcome to the 40th gTrade Bi-Weekly update! Let’s get down to business and examine what’s hot with gTrade!
🪙 $BtcUSD in Epoch 3: Congrats to traders of the last epoch! The rewards march on. With epoch 3 in full swing, there is another 33k in $BtcUSD rewards up for grabs! Be sure to like and follow our $BtcUSD partner @Bifrost_Network!
📈 $BVIV $EVIV volume going vertical! Traders have jumped into $BVIV and $EVIV headfirst! 10 million in volume represents steady growth of this asset. Thanks to @volmexfinance for these unique assets!
Get involved in the volatility trade here:
BVIV:
EVIV:
🍏 gGNS is refilling! Just as designed, the gGNS vault is re-collateralizing at a fixed rate. Despite the $gGNS mint, the $GNS burn is so strong $GNS remains net deflationary. The gGNS vault should be fully re-collateralized within ±10 days.
📉 Sub 29 million $GNS very soon: Roughly 100,000 $GNS tokens remain before burning below 29 million circulating supply. The burn is aggressive and unrelenting. In the last 30d, 393k $GNS tokens have been burned for perspective. When will we go below 29 million? Soon.
💵 100 billion in total volume: That’s a huge number. gTrade has pushed past 100 billion in all-chain volume! Thank you to our traders and token community for riding with the team on this journey!
👑 Degen Don’t Play: Alongside the strong crypto moves… DEGEN pairs are booming! Traders love 500x and have pulled in 3000% and even 4000% +PnL trades! What’s better is that DEGEN pairs are eligible for $BtcUSD rewards on @BASE! Let’s goooooooo!
ETH-DEGEN:
BTC-DEGEN:
SOL-DEGEN:
💻 v10 Loading: A small rework to v10 is underway. The finish line is almost here! The team thanks traders and the community for their patience. Onward!
🆕 New Pairs: $H, $NEWT, $FUN, $STO, $KNC, $ICNT, $LOKA, $PUMP, $HUMA, $B, $RESOLV, $TAIKO, and $SQD.
⚙️ Developer Update ⚙️
Frontend — v10 UX; QoL improvements; pair listings
Backend — Risk management and DON improvements; v10 migration and maintenance finalization; pair listings
Smart Contract — v10 fix and timelock submission
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