GT Buyback Season 2 is live on @gmtrade_xyz.
- 99% of fees now fund daily GT buybacks
- every trade earns GT
- 60+ markets (WTI, GOLD, FX, NVDA, TSLA, SOL), straight from your Solana wallet
Get 10% off your trading fees - gmtrade.xyz/r/tano
GT Buyback Season 2 Announcement
GT Buyback Season 2 begins on September 28 at 00:00 UTC, with buybacks taking place daily.
Refer traders to GMTrade to unlock your GT sellable quota and earn GT referral rewards.
🔸 How do you earn a sellable quota?
Once Season 2 begins, each GT your referred users earn through trading unlocks 1 GT of sellable quota for you.
• Only GT earned by your referred users through trading counts.
• Quota accrues based on trading activity after Season 2 begins. GT earned before launch does not count.
• The amount you can sell is limited by your remaining quota and your GT balance.
🔸 How do referral rewards differ from your sellable quota?
Referral rewards are additional GT you earn, equal to 50%–100% of the GT your referred users earn through trading, depending on your VIP tier.
Your sellable quota determines how much GT you can sell into the buyback. You earn quota equal to 100% of the GT your referred users earn through trading during Season 2, regardless of your referral reward rate.
🔸 How are buybacks funded?
During Season 2, GMTrade will increase trading fees, and buybacks will be funded by 100% of the Treasury's daily fee income.
Build your sellable quota starting on September 28 at 00:00 UTC.
The GMX Dollar Vault spreads your USDG deposit across the GM liquidity pools behind GMX’s deepest perp markets.
Deposit dollars. Earn dollars.
Most $USDG on @Arbitrum now sits in those pools. Details of the new LP product are in the pinned tweet.
GMX now holds $12M+ in USDG deposits on @Arbitrum, and the main driver is their GLV USDG Vault.
DRIP incentives are live for the vault depositors, distributed via @merkl_xyz.
For more details, check them out at:
arbitrumdrip.com/
tano retweeted
GMX now holds $12M+ in USDG deposits on @Arbitrum, and the main driver is their GLV USDG Vault.
DRIP incentives are live for the vault depositors, distributed via @merkl_xyz.
For more details, check them out at:
arbitrumdrip.com/
Replying to @XRPLF
Cheaply paying the whitehat $250K for a critical infinite XRP supply bug when your treasury has billions?
Thanks for helping ensure the next time an attacker exploits it for 9 figures instead of reporting it in good faith.
This is why people do not take XRPL or Ripple seriously as an org….
The same people who shorted $BTC all the way from 67K to 87K are now celebrating because the price is finally seeing a small correction.
They convince themselves they’re just looking for a bullish retest, but deep down, all they really want is to make back everything they lost in one trade.
And the irony is that their inability to control their own greed is exactly what got them fucked in the first place.
They haven’t learned a damn thing.
And that’s exactly why the same shit will happen again.
We’re bringing together some incredible teams across the Arbitrum ecosystem to support founders building at Founder House Singapore.
> @Dune
> @Paxos
> @ZeroDev
> @GMX_IO
> @trailofbits
> @pendle_fi
> @Quicknode
> @RobinhoodCrypto
> SBI Digital Markets
Innovating across tokenization, AI and programmable finance?
Join us and Robinhood Chain in Singapore from October 23rd-25th.
Register here:
luma.com/openhouse-singapore…
tano retweeted
Ethena tokenized the funding rate. @GMX_IO just tokenized the house.
GLV[USDG] is a USD denominated LP token earning 63% of all fees across GMX's underlying perps markets.
The yield source? Traders paying for leverage. One Morpho listing away from a looping paradigm shift.
GMX Dollar Vault (GLV [USDG]) is live on @arbitrum: deposit dollars, earn dollars.
• Backed by robinhood:0x5fc5360d0400a0fd4f2af552add042d716f1d168
• Hold USDC? It swaps to USDG in one transaction
• Business? Mint USDG 1:1 with Paxos
The GMX Dollar Vault is now live.
Deposit dollars. Earn dollars. Withdraw whenever you want.
Offering an estimated 7% to 12% base APR, plus an 8% or higher launch boost for the first 8 weeks.
Start LPing today: app.gmx.io/pools
1/
USDG arrives on Arbitrum with somewhere to go:
The GMX Dollar Vault is live on GMX today. One USDG deposit into GLV [USDG-USDG] earns trading fees from BTC, ETH, and SOL, plus an 8%+ launch boost for the first 8 weeks.
Deposit dollars. Earn dollars.
$USDG has day 1 integrations through @Paxos, @Morpho, @0xfluid, @GMX_IO, @Uniswap, @krakenfx, @maplefinance, @gauntlet_xyz, @SteakhouseFi, @lifiprotocol, @LayerZero_Core, and @ZeroDev all on Arbitrum One, with @fhenix and others launching support soon.
Users can access the $USDG Earn vault on @Morpho starting now.
app.morpho.org/vaults?chains…
tano retweeted
JUST IN: 🇺🇸 US economy adds 29,000 jobs in September, lower than expectations.
US unemployment rate rises to 4.2%, higher than expectations.
after some onchain sleuthing, i think this is what happened:
19 metamask validators had won block rewards, and 18 of the rewards were not paid to the correct fee recipient but instead to this tornado funded account: 0x98B9231de84334c1d48BA0b72CF13f92484924A3
~17k validators proactively exited, ~523k eth total, unknown whether the attacker had the ability to change all fee recipients
it appears that 3 of the exploited validators have not yet been exited, and that 821 potentially impacted validators in total have yet to exit, unclear why
attacker only stole ~0.36 eth in rewards and likely never had the ability to withdraw any staked eth. however, depending on how the attacker managed to get signing access, they could potentially cause the validators to be intentionally slashed
Security Update: We are responding to a security incident affecting part of our infrastructure.
At this time, we have identified no immediate threat to MetaMask wallets.
As a precaution, we are proactively exiting affected validators within our non-custodial staking operations, in coordination with clients, partners and security advisors.
We’ll share further updates as appropriate. metamask.io/news/user-update…
































