GM Index

Introduction to the GMX Market Index (GMI)

The GMX Market Index (GMI) is a composite ERC-20 token consisting of key GMX market tokens such as gmBTC, gmETH, gmSOL, and the gmUSDC-USDT pair. These assets are included in the index based on their relevance and performance in the crypto market. Our proprietary algorithm optimally adjusts the weights of these assets to achieve the best possible risk-return ratio for our investors.

Dynamic Portfolio Management

To ensure that the index reflects the most efficient asset allocation, Gloofi’s proprietary optimizer adjusts the weights of the included assets dynamically. This system responds to market fluctuations by recalibrating the fees associated with the index, ensuring that the target weights are maintained effectively. This strategy is crucial for maintaining balance within the GMI and securing its position as a leading financial instrument in the DeFi space. Fee Structure and Reflections Depositors of GMI benefit from a strategic fee structure designed to maximize their returns:

• Nominal Fees: Minimal deposit and withdrawal fees are implemented to facilitate operational efficiency and ensure the index’s longevity.

• Reflection Mechanism: Part of the collected fees is redistributed to GMI holders through a reflection mechanism, rewarding long-term holders and enhancing the token's attractiveness.

• Supporting Ecosystem Growth: Fees also contribute to providing bonus rewards, enhancing liquidity, and generating yields for GLOOFI holders. This multifaceted fee approach is aimed at fostering a robust ecosystem and encouraging active participation among stakeholders.

Benefits for GMI Depositors Investors holding GMI tokens enjoy multiple benefits:

• Long-Term Growth: The reflection mechanism encourages holding by periodically distributing additional GMI tokens to holders, promoting wealth accumulation over time.

• Enhanced Liquidity and Yield: By supporting liquidity provisions and yield mechanisms, the fees ensure that GMI remains a valuable and stable asset for diverse investment strategies.

Looking Ahead While the current portfolio includes gmBTC, gmETH, gmSOL, and gmUSDC-USDT, future expansions are anticipated. The inclusion of new assets will be considered based on market developments, user feedback, and comprehensive analysis by our financial experts.