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

DeFi

When Google Cloud Unites with MultiversX Joining Forces for a Blockchain-Powered Metaverse

Fashionista readers can expect to experience peer-to-peer payments in fiat and access to European IBANs, SEPA, and SW...

Bitcoin

Bitcoin Boom Sparks Exodus of Assets from Crypto Exchanges

The surge in prices caused $400 million in short positions to be liquidated.

Blockchain

When Coinbase's User Agreement Comes Face-to-Face with the US Supreme Court A Clash of Titans

The U.S. Supreme Court takes on a case involving Coinbase and its users, questioning whether judges or arbitrators sh...

Bitcoin

Bitcoin Mining with Landfill Gas: Turning Trash into Treasure

Marathon Digital utilizes methane from a Utah landfill to power a mini mining facility in a new groundbreaking endeavor.

Opinion

The Death and Rebirth of NFTs: From Zombie Coins to Evolving Gems

Fashionista PayPal Explores NFT Market, Pudgy Penguins Release Real-Life Toys, NFTma Booming with Hidden Potential

Blockchain

The study found that 5% of the Monero currency circulating in the market was mined by malware

According to the study, mining was done through encrypted hijacking, using other users’ computer processing pow...