Circle has minted 750 million #USDC. Tether and Circle minted $19 billion worth of stablecoins after the market crash.

01 Dec 2025, 16:33
💵 Circle has minted 750 million #USDC Tether and Circle minted $19 billion worth of stablecoins after the market crash

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GMX
GMXGMX #303
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01 Dec 2025, 16:47
_________________ 🫐 GMX Development Update As part of ongoing protocol improvements, updated GMX V2.2b contracts have been deployed and are now usable. The main Updates are: - GLV Just-In-Time (JIT) Liquidity - New POSITION_IMPACT_EXPONENT_FACTOR keys - USE_OPEN_INTEREST_IN_TOKENS_FOR_BALANCE Flag Keepers will execute using the new contracts as of 1 December. The old V2.2 contracts will be disabled on 8 December. Additional info: The three-month retention phase for users who kept the GLV they received under the GLP Distribution Plan has concluded. Eligible users can now claim their share of the $500K retention bonus in the GMX dApp. GMX has voluntarily helped out users who had GLP stuck in the abandoned Archi Finance; these users can now claim a GLV distribution. Optimizations were made to 1-Click Trading, TP/SL orders, the Depth charts, TWAP recommendations for high-price-impact orders, dApp Language selection, Referral Cards, the Pool suggestions for users, Pool dropdown menu, and dApp notifications. Liquidity pools' APR figures will now be hidden for the first few days, to avoid showing users unrealistic short-term performance stats. Introduced an optimized process for adding additional source chains for GMX Multichain, in preparation for Ethereum Mainnet. _________________ 🫐 GMX Ecosystem A GMX-USDC pool is live on GMTrade (the rebranded GMX-Solana), now that $GMX tokens are bridgeable to Solana via Stargate: GMX offers many advantages for big traders; capped price impact, coin-margin, TWAPs, 1-Click Trading, and more: Over 34,500 GMX tokens were repurchased in the past week, under the Buyback & Distribute model that rewards Stakers: Earn from a $12,000 BTC prize pool by joining the trading competition on GMX on Botanix: Liquidity on GMX is uniquely democratized. More than 30,000 users hold LP tokens, and earn from 3 revenue streams: _________________ 🫐 GMX Governance: Tally Proposal: GMX Committees Payments Gov Proposal: Transfer of GMX from Arbitrum Treasury to GMX Solana for GMX-USDC Liquidity Gov Proposal: Dynamic BBD Adjustment - Capping APR and Accumulating Overhead Gov Proposal: Fees Rebate Incentive Program (December to March 2026)
_________________. GMX Development Update. • As part of ongoing protocol improvements, updated GMX V2.
_________________ 🫐 GMX Development Update • As part of ongoing protocol improvements, updated GMX V2.2b contracts have been deployed and are now usable. The main Updates are: - GLV Just-In-Time (JIT) Liquidity - New POSITION_IMPACT_EXPONENT_FACTOR keys - USE_OPEN_INTEREST_IN_TOKENS_FOR_BALANCE Flag Keepers will execute using the new contracts as of 1 December. The old V2.2 contracts will be disabled on 8 December. Additional info: https://t.me/GMX_Announcements/1167 • The three-month retention phase for users who kept the GLV they received under the GLP Distribution Plan has concluded. Eligible users can now claim their share of the $500K retention bonus in the GMX dApp. • GMX has voluntarily helped out users who had GLP stuck in the abandoned Archi Finance; these users can now claim a GLV distribution. • Optimizations were made to 1-Click Trading, TP/SL orders, the Depth charts, TWAP recommendations for high-price-impact orders, dApp Language selection, Referral Cards, the Pool suggestions for users, Pool dropdown menu, and dApp notifications. • Liquidity pools' APR figures will now be hidden for the first few days, to avoid showing users unrealistic short-term performance stats. • Introduced an optimized process for adding additional source chains for GMX Multichain, in preparation for Ethereum Mainnet. _________________ 🫐 GMX Ecosystem • A GMX-USDC pool is live on GMTrade (the rebranded GMX-Solana), now that $GMX tokens are bridgeable to Solana via Stargate: https://x.com/GMX_SOL/status/1995476119521460689 • GMX offers many advantages for big traders; capped price impact, coin-margin, TWAPs, 1-Click Trading, and more: https://x.com/GMX_IO/status/1988203135761031589?s=20 • Over 34,500 GMX tokens were repurchased in the past week, under the Buyback & Distribute model that rewards Stakers: https://x.com/GMX_IO/status/1994429620632838376 • Earn from a $12,000 BTC prize pool by joining the trading competition on GMX on Botanix: https://x.com/botanix/status/1993968788929212638 • Liquidity on GMX is uniquely democratized. More than 30,000 users hold LP tokens, and earn from 3 revenue streams: https://x.com/GMX_IO/status/1990467080744022243?s=20 _________________ 🫐 GMX Governance: • Tally Proposal: GMX Committees Payments https://www.tally.xyz/gov/gmx/proposal/20725385999342131448077893402656415932290558889761080503481492177352431296403 • Gov Proposal: Transfer of GMX from Arbitrum Treasury to GMX Solana for GMX-USDC Liquidity https://gov.gmx.io/t/transfer-of-gmx-from-arbitrum-treasury-to-gmx-solana-for-gmx-usdc-liquidity/4922/1 • Gov Proposal: Dynamic BBD Adjustment - Capping APR and Accumulating Overhead https://gov.gmx.io/t/proposal-dynamic-bbd-adjustment-capping-apr-and-accumulating-overhead/4914/54 • Gov Proposal: Fees Rebate Incentive Program (December to March 2026) https://gov.gmx.io/t/proposal-for-fees-rebate-incentive-program-december-to-march-2026/4930/13