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twitter.com/riley_gmi/status/1546946551649488896?s=21&t=EXFd5du6FWC1JLzisWm_sw
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The PvP AMM introduces a new mechanism - the GD token. The GD token will provide the liquidity for traders, but unlike the GLP is will represent a pool of stablecoins, instead of the underlying assets.
All synths need to function is a reliable price feed for the underlying asset. GMX will use @Chainlink Oracle price feeds.
The PvP AMM will be used to implement Synths into GMX.
why? bcos they lost on average
The PvP AMM will be used to implement Synths into GMX.
It works by matching traders against each other (Long vs Short) and optionally allowing LPs to participate.
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