1. What makes GMD unique?
GMD Protocol is a yield optimizing and aggregating platform built on top of existing applications and GMD’s reserve token on Arbitrum. GMD employs delta-neutral or pseudo-delta-neutral strategies to aggregate yields from an index pool or an LP to its constituent individual assets, eliminating their risks of impermanent loss or exposure to unwanted asset.
2. History of GMD
GMD Protocol launched October 24th, 2022. With an initial price of $1 and 50k liquidity burned, the delta-neutral vaults launched 5 days after the token launch.
3. What’s next for GMD?
While GMD has made several products for high yielding platforms on Arbitrum & Avalanche and potentially other chains. The protocol continues to look for additional vaults and pseudo-delta-neutral strategies to ensure yield is optimized. Newsletters are released weekly every Tuesday
What is the highest value GMD (GMD) has ever reached?
GMD (GMD) reached its peak price at 167.95 $ on 26 May 2023, approximately 2 years ago ago. Presently, the current price is -98.42% lower than this all-time high.
What is the historical minimum price for GMD (GMD)?
The minimum price reached for GMD (GMD) was 0.9819 $, documented on 06 June 2024, more than a year ago. In comparison, the current price is 169.86%, it above this historical low.
What is the fully diluted valuation of GMD (GMD)?
The fully diluted valuation (FDV) of GMD (GMD) stands at $ 212,279. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 80,000 GMD tokens. The realization of this FDV might take several years depending on the emission schedule of GMD tokens.