#GLP#GMXecological new project research archi finance @archi_fi is a composable leverage mining platform based on GMX/GLP on #arbi. It is different from the previous leverage mining mechanism of bsc, but it is also a leveraged capital allocation. Users who borrow leverage can earn GLP income at#tentimes leverage, and leveraged liquidity providers can earn#interestand liquidation income from leveraged users.
It is still being tested. If you want to experience it, you need to be whitelisted to participate. Overall, it is relatively easy to get started. According to their community, it will be in Q2 #ido. It is estimated that you need to whitelist to participate. Website: https://app.archi.finance/ English community: https://t.me/ArchiFInance Chinese community just opened: https://t.me/ArchiFInanceCN Discord: https://discord.com/invite/ZhNeAzF5JA#Liquidationand project risk, currently everyone The user's treasury that borrows leverage is isolated and anyone can participate in the liquidation. The strategy used can be less volatile than gmx's strategy and the overall risk is controllable, which ensures the stable operation of the protocol.
The project itself is good, but#TokenEconomy is also the soul of the entire project. The interest earned by the project from#GMXwill all be allocated to token holdings. Also participate in protocol governance. At present, they don’t seem to have given specific information on the token economy. If it is designed like $gmx $grail $sliz, there will be a price flywheel soon😃😃😃😃The protocol code is being audited by @Quantstamp, others There is little information disclosed. Is the distribution of white orders sustainable? There is currently an event you can participate in. The community has previously posted https://app.quest3.xyz/quest/742594176437260533
