Welcome to the bi-weekly #36, gTraders! With v10 on the doorstep, it’s time to review the past few weeks and see what’s new at gTrade!
🍏 Under 30 Million $GNS! The buyback and burn has accelerated in recent weeks, and the circulating supply is now under 30 million! The burn will continue. When will the $GNS circulating supply hit the next milestone? Likely sooner than you think!
🏡 @ReformDAO in the House: Introducing Reform, gTrade’s collaborative market maker!
Tune in to the interview with Reform and the gTrade team on the latest X stream here: https://t.co/th8IGvnjj9
🎞️ Gven Sariol Goes Live: gTrade guardian Gven traded stocks live on gTrade with his audience and shared insights into his strategies!
Watch the stream here: https://t.co/jbsD1zh73B
🔥 $USDC Burn is Back! The overcollateralization (OC) layer of $USDC is healthy, and the team has increased the $USDC burn rate to 10%, up from 0%. When traders win big, the vault dynamically adjusts to balance risk and burn, adapting to market conditions. With a solid OC, gTrade can burn more $GNS while keeping vaults safe!
🦾 Marketing is Powering Up! The gTrade team is reviewing several marketing agencies to collaborate on a go-to-market strategy for the v10 rollout and upcoming trading competition. With a variety of approaches under consideration, the team is seeking a campaign that brings gTrade back to the forefront of perp mindshare and sparks the next wave of growth!
🎼 @symphonyio Makes Music! @ChopinCadence from SymphonyIO was the special guest on the Super Mega Crypto Streaming Show! Brian and Ves received a live demonstration of trading from the Symphony terminal powered by @Symp_AI.
Watch the stream here: https://t.co/2GtnHptrv5
🔒 v10 to Timelock: v10 has officially entered timelock! During this period, the team is rolling out front-end and back-end changes to ensure a top-tier experience for the funding fee launch. Expect polished UI/UX and a premium rollout of new features.
📜 We Have a Proposition for You: @volmexfinance has submitted a new governance proposal to the forums, and voting is live on Snapshot! Up for vote is a proposal to collaborate with gTrade to list BVIV and EVIV as crypto indices for https://t.co/E4zjVFmE0d!
Join the discussion here: https://t.co/dLMF6cm2eV
Visit the Snapshot page here to vote: https://t.co/6PcPDvkcTR
New Pairs: $COOKIE, $INIT, $SIGN, and $KMNO have landed on gTrade! Find these new pairs alongside stocks, crypto, forex, commodities, and more!
⚙️ Dev Update ⚙️
Frontend — v10 preparations; “close all trades” feature; QoL updates including more performance improvements; new pairs
Backend — v10 analytics; monitoring improvements; spread enhancement preparations; support
Smart Contracts — Spread enhancements; v10 fast follows; experimenting with improved gToken epochs system and atomic trader order triggers