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GMD Protocol has announced the launch of GMD Launchpad, a new launchpad protocol designed to help onboard projects with great potential into the GMD Ecosystem and Arbitrum Chain.
The launchpad protocol will prioritize projects built on top of GMD or projects that offer additional benefits to GMD ecosystem participants. GMD and esGMD stakers will have priority to participate in the Launchpad. Projects will be selected based on criteria such as great tokenomics, innovative products, strong teams, and benefits for GMD ecosystem participants.
The GMD team will conduct due diligence on all projects that apply to be on GMD Launchpad. The team will also provide advice on tokenomics and the launching/management process to ensure that the projects have a solid plan before deployment. In addition, GMD Launchpad projects can join a joint marketing plan and partner with GMD's ecosystem partners to explore further synergies.
GMD Protocol is a yield optimizing and aggregation platform that is currently offering single-sided $BTC, $ETH, and $USDC vaults built on top of GMX and GLP. The platform offers yield aggregators and smart vaults where users can stake their $USDC, $ETH, and $BTC and earn up to 15% APY.
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