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xvi10 / escrowed-gmx-bonds.md
Last active April 19, 2022 04:00

Escrowed GMX tokens (esGMX) will be sold using Olympus bonds to increase the work hours that can be committed to GMX development.

50,000 esGMX tokens will be sold over a duration of 7 days. Olympus bonds allow the pricing of the esGMX to be decided by the market, if there are no purchases then there will be a larger discount on the esGMX price, if there are purchases then the discount would be smaller.

The esGMX tokens will be vestable at a ratio of 1:4 with GMX tokens or 1:320 with GLP tokens. For example, if you purchase 10 esGMX, you would be able to vest these tokens with 40 GMX (10 * 4), or with 3200 GLP tokens (10 * 320).

Vesting is optional and can be done at any time, the esGMX tokens can also be staked instead for esGMX and ETH or AVAX rewards.

The tokens bought through the bonds will be esGMX IOU tokens, these are placeholder tokens with the address 0x6260101218eC4cCfFF1b778936C6f2400f95A954 on Arbitrum, the actual esGMX will be claimable in a few weeks after the sale is completed. A page will b

@xvi10
xvi10 / gmx-competition-draft.md
Last active November 3, 2021 12:45

Competition Overview

The competition will take place over 1 month, there will be two batches of prizes:

  • First batch: 3 Nov to 16 Nov
  • Second batch: 17 Nov to 30 Nov

There will also be two categories of prizes:

  • Highest Percentage PnL for a single trade
  • Highest Cumulative Percentage PnL
@xvi10
xvi10 / gmx-bridge.md
Last active September 6, 2021 08:12
GMX L1, L2 Bridge

**CAUTION: Please do not use these instructions unless absolutely necessary, all GMX functions are currently on Arbitrum, and there should not be any strong reason to bridge GMX tokens between Ethereum and Arbitrum. Bridging from Ethereum to Arbitrum will take a few minutes, but bridging from Arbitrum to Ethereum has a 7 day waiting period during which you will not have access to your bridged tokens. **

To bridge GMX from Ethereum to Arbitrum, add the 0xbc30049ADC73dE06D7a98A5189203aAC66B2c830 token address to https://bridge.arbitrum.io/.

Enter the amount of GMX you want to bridge to Arbitrum, then click on the "deposit" button.

You will need to unwrap your GMX tokens by calling "unwrap" on https://arbiscan.io/address/0x931ddA8E3D4E4B7832e9005812C979008b576441#writeContract

To bridge GMX from Arbitrum to Ethereum, you will need to call "wrap" on https://arbiscan.io/address/0x931ddA8E3D4E4B7832e9005812C979008b576441#writeContract

@xvi10
xvi10 / manual-migration.md
Last active December 12, 2023 02:38
Manual migrations instructions for XVIX and Gambit