LPDFi Thread 2: Perpetual DEX Liquidity Provision
Let's talk about these 4 protocols - committed to provision liquidity on #GMXv2 @Vaultkaofficial @GMDprotocol @UmamiDao @steadefi
as well as GLP warriors OG @PlutusDAO_io @rage_trade @JonesDAO_io
(1/n)
Liquidity Provisioning Derivative Finance narrative refers to protocol provide liquidity for certain purposes
here is thread 1 on LPDFi on AMM liquidity provision
@logarithm_fi <> @traderjoe_xyz, @AlpacaFinance, RoboVault
(2/n)
twitter.com/0xicedrip/status/1700882444273254502
#GMX is spotlight of perp dex sector and GMX v1 GLP war was viral as real-yield was almost 30-40% APR
current total combined tvl at $70MM
(3/n)
dune.com/defimochi/definitive-glp-vaults-tracker
vaultka brings LPDFi perp dex liquidity provision to next level among all other competitors
@Vaultkaofficial already provisions liquidity on @GainsNetwork_io @vela_exchange @GMX_IO
also noted that the 1st GMX v2 GM vault
(4/n)
GLP vault from @GMDprotocol is a single staking vault per asset
currently at $14M
GMD announced about GMX V2 vault in development
(5/n)
twitter.com/GMDprotocol/status/1705945739300417789
GLP vault from @UmamiDao is also a single staking vault per asset
current at $4M
GMX V2 is also in dev as just had a good session with @thecalcguy
(6/n)
twitter.com/UmamiDao/status/1706266794393035090
GLP vault from @steadefi is paused due to an exploit but a relaunch plan with GMX v2 and Level soon
(7/n)
blog.steadefi.com/steadefi-relaunch-and-compensation-plan
twitter.com/steadefi/status/1686352380261208064
icedrip asked @PlutusDAO_io @rage_trade @JonesDAO_io for any plans on GMX v2 but they do not have any at the moment
all 3 vaults account for $22MM TVL of GLP
no GM war for them i assume
(8/n)