We are delighted to share that GMX is proudly sponsoring @Arbitrum's Open House Singapore.
An incredible reward pool of ~$415K in grants and prizes is up for grabs across the online Buildathon and the IRL Founder House. This event provides a perfect opportunity to explore the mechanics of GMX's open markets, as well as discover straightforward methods for creating and expanding projects on our infrastructure.
We are calling all builders to secure a spot by visiting the link provided below.
We are pleased to share that during the period of September 23 to 29, the GMX DAO purchased 6747.1 gmx:native. A total of approximately $55,000 was spent on this recent transaction, resulting in an average token price of roughly $8.15. đ«
Overview of the Initiative from March 5 through September 29
Looking at the broader picture, a total of 489,656 GMX tokens have been repurchased since the program began. The overall expenditure for these acquisitions has reached approximately $3,165,000, which gives us a blended average cost of about $6.46 per token. đ”