Inventory of Catalysts Coming to the Cryptocurrency Industry: GMX V2, Camelot Upgrade, Lybra Finance V2…

Catalysts for cryptocurrency industry: GMX V2, Camelot Upgrade, Lybra Finance V2...

Anticipating and positioning oneself for potential catalysts in the cryptocurrency market can bring about profitable opportunities. Cryptocurrency researcher Q shared several catalysts of interest, such as GMX V2, Camelot upgrade, Lybra Finance V2, and more.

1) GMX V2 has introduced collaboration with Chainlink, allowing for proxy assets to supplement non-native tokens, meaning more markets, more control, and more trading volume. 2) Camelot has upgraded to bring the market beginner-friendly centralized liquidity farms and dashboards, meaning both regular users and seasoned traders have the same efficiency benefits. 3) Lybra Finance V2: LBR is moving towards the whole chain and launching on Arbitrum, with emission balancing with destruction, supporting new LSD/LST, and increasing the current grant period for eUSD minters from 30 days to 60 days.

4) Vela Exchange will officially launch on June 26, including a series of improvements to VLP and perp dex, such as one-click trading and more. 5) Metavault.Trade is about to deploy on zkSync, which is a big move for MVX. 6) THENA has launched a decentralized trading competition, which can bring some trading volume and promote the market’s PVP level.

Reference: https://twitter.com/0xFlips/status/1666842420548435969

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Market

Bitcoin developers are debating whether to adjust the code to curb Ordinals and BRC-20 token activity.

Encryption media WhaleWire tweeted that Bitcoin developers are debating whether to adjust the Bitcoin code to suppres...

Blockchain

Take you "understand Bitcoin": How to become a Bitcoin super user?

A conference on "Understanding Bitcoin" was held in Malta from April 5th to April 7th, 2019, with the aim o...

Policy

🌟 The Rise of Bitcoin According to Donald Trump 🌟

Former U.S. President had expressed skepticism towards cryptocurrencies and warned against central bank digital curre...

Blockchain

"The more the locks are, the higher the price is." It is definitely a false proposition.

In the currency circle, there is a very simple and well-understood consensus that “the more the locks are, the...

Blockchain

Bitcoin developer: 21 million supply cap is a "religious" belief, we may implement a hard fork of inflation

According to Trustnodes reported on February 24, Peter Todd, the main advocate of Bitcoin's 1MB block, said that...

Market

Why does Bitcoin leave the altcoin behind?

An institution's attention In the past six weeks, Bitcoin's dominance has soared from 53% to 58%, which has...