GMX Token: Collateral Option on TheStandard.io

George Papp

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The GMX token is supported as a collateral type on TheStandard.io! This means GMX holders can unlock new opportunities to access liquidity without selling their assets, all while enjoying 0% interest borrowing and yield generation on their collateral. Let’s dive into what this means for you.

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What is GMX?

GMX is the native utility and governance token of the GMX decentralized exchange (DEX), one of the leading platforms for perpetual trading and spot swaps on Arbitrum and Avalanche. GMX token holders benefit from:

Protocol revenue sharing
Governance participation
Staking rewards

With the integration of GMX as a collateral option on TheStandard.io, holders now have even more ways to make their tokens work for them.

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What Can GMX Holders Do on TheStandard.io?

1️⃣ Borrow at 0% Interest

Use your GMX tokens as collateral to mint USDs, TheStandard’s stablecoin, with zero interest. Unlike traditional borrowing models, TheStandard.io lets you access liquidity without paying any interest fees.

Why Borrow?

Retain your GMX exposure while accessing liquidity.
Avoid capital gains taxes by borrowing instead of selling your tokens.
Flexible usage of USDs for reinvestment, trading, or real-world purchases.

2️⃣ Earn Yield on Your Collateral

Your GMX collateral doesn’t sit idle. TheStandard.io deploys your collateral into yield-generating strategies on Uniswap V3, allowing you to earn trading fees and rewards while you borrow.

Yield Opportunities:

Trading Fees: Earn fees from Uniswap V3 liquidity pools.
Auto-Compounding: Your rewards are automatically reinvested for maximum returns.

3️⃣ Full Control with Non-Custodial Smart Vaults

When you deposit GMX as collateral, you retain full control of your tokens through TheStandard.io’s non-custodial Smart Vaults. This means you are the sole owner of your private keys and funds, ensuring maximum security and flexibility.

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Why Use GMX as Collateral on TheStandard.io?

✅ Zero-Interest Borrowing: No interest payments—ever. Borrow and repay at your convenience.
✅ Earn Passive Income: Your GMX generates yield while serving as collateral.
✅ No Liquidation Surprises: Our system is designed to protect responsible borrowers.
✅ Multi-Collateral Support: Combine GMX with other collateral types like ETH, WBTC, and FRAX for more borrowing flexibility.

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How to Get Started?

1️⃣ Visit TheStandard.io and connect your wallet.

2️⃣ Deposit your GMX into a Smart Vault as collateral.

3️⃣ Mint USDs and start borrowing at 0% interest.

4️⃣ Track your rewards and collateral in real-time through your Smart Vault dashboard.

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What’s Next?

The addition of GMX marks an exciting step forward in expanding TheStandard.io’s collateral offerings. As we continue to grow, more top tokens and innovative collateral types will be integrated, providing our users with even more ways to maximize capital efficiency and earning potential.

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Join the DeFi Revolution

If you’re a GMX holder, now is the perfect time to unlock the full potential of your assets while participating in the future of decentralized borrowing and lending.

💬 Have Questions?

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Join our Telegram or Discord communities for real-time updates and support!

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👉 Get Started Today at TheStandard.io

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