π DeFi Passes
Last updated
Last updated
DeFi Passes provide a gamified experience where you can unlock exclusive GBC rewards by investing in GMX GM Pools.
GM pools refer to liquidity pools on, originally created for two distinct types of users:
For Traders: The liquidity allows traders on GMX to open trading positions.
For Liquidity Providers: Earn returns (APY) from the fees paid by traders.
Inspired by video game Battle Passes, DeFi Passes offer a gamified experience to investors, letting them unlock rewards by investing in GM Pools. In addition to enjoying a high APY on the pools, you unlock exclusive rewards such as:
NFT Wearables for your GBC or Kuda Avatars
Profile Badges
Personalized Stickers
And more...
When you invest, your pass tracks the volume generated through deposits and withdrawals, allowing you to level up. The more volume you generate, the higher your pass level.
All the DeFi Passes evolve over time with new tiers and rewards. Don't forget to check them regularly for fresh surprises!
Also, your investment grows by benefiting from the pool's APY (Annual Percentage Yield), meaning you not only unlock exclusive items but also earn returns from your contributions.
Every Monday, we distribute Sweet airdrops based on the volume generated by your pass in the past week, making your experience even more rewarding.
The Collective Pass is linked to the total value locked (TVL) across all DeFi Passes. The more value the community contributes, the more rewards become available for everyone. This emphasizes the power of collective effort in unlocking new benefits.
As part of the GMX community, we created the DeFi Passes to encourage deposits and participation while offering a range of unique rewards. By investing in a pass, youβre not only earning returns, but youβre also collecting exclusive wearables and items that make your adventure within the GMX/GBC ecosystem even more enjoyable.
Ready to start? Dive into your first pass today and begin unlocking rewards!
A 1.5% fee is charged on all transactions made with any DeFi Pass