As ITU Blockchain, we fully support the proposal GMX has submitted to the Arbitrum DAO and cast our ‘for’ vote for this initiative. GMX aims to make a significant and positive impact on the Arbitrum ecosystem through increased liquidity, trading volume, protocol integrations, and improvements in user experience. Through incentives, it plans to accelerate the increase in Total Value Locked (TVL), thereby enhancing the platform’s reliability and appeal. Additionally, GMX aims to generate more user activity and trading volume through trading incentives and competitions. This will create a healthier ecosystem, strengthening Arbitrum’s position as a leading platform in the DeFi space.
In particular, GMX’s plans to increase transaction speeds and reduce slippage will make the platform more attractive for high-frequency traders. Moreover, their commitment to encouraging integrations with other protocols will assist in the expansion of the ecosystem, enabling Arbitrum to reach a broader user and developer base.
GMX’s proposal offers critical technical advantages that will support the health and growth of the Arbitrum ecosystem.
Therefore, we thank GMX for their detailed reports and believe that this initiative will have a positive impact on the Arbitrum ecosystem.