BaseX partners with Gamma

Published on: 19.12.2023
BaseX partners with Gamma

BaseX partners with Gamma, a leader in active liquidity management, and BaseX, an optimized ve(3,3) CLMM DEX built on. This collaboration is poised to transform the DeFi landscape on the Base Chain.

Gamma: Pioneers of DeFi Innovation

To fully comprehend the scope of this collaboration, it’s vital to grasp the significance of Gamma’s role. Gamma is a leading figure in the DeFi space, renowned for its advanced liquidity management solutions for Automated Market Makers (AMMs) such as Uniswap V3.

Key Features of Gamma:

  • Sophisticated Liquidity Management: Leveraging advanced algorithms for optimal liquidity positioning.
  • Diverse Strategy Portfolio: Catering to various investor profiles with a range of liquidity management strategies.
  • Yield Optimization: Enhancing yield potential while mitigating risks such as impermanent loss.
  • User-Friendly Platform Design: Balancing advanced features with an accessible interface.

Improving the BaseX Ecosystem: Advantages of the Gamma Collaboration

By partnering with Gamma, the platform brought in a wide range of improvements to the BaseX ecosystem, including:

Optimized Trading Experience for BaseX Traders

  • Traders on BaseX will experience reduced slippage, making transactions more efficient and cost-effective.
  • Gamma’s liquidity management ensures that liquidity is optimally positioned across different price ranges, leading to better price execution for trades.

Automated and Efficient Liquidity Management for BaseX LPs

  • Liquidity Providers (LPs) on BaseX can say goodbye to the complexities of manual rebalancing, as Gamma’s automated solutions take over, optimizing their liquidity positions in real-time.
  • This leads to higher capital efficiency, allowing LPs to maximize their fee earnings and rewards. With increased incentives, LPs are likely to attract more veBXT voters, enhancing the overall liquidity and stability of the pools.

Enhanced Rewards and Influence for BaseX veBXT Holders

  • veBXT holders stand to benefit from increased rewards for their governance participation, particularly in voting for liquidity gauges.
  • This enhanced governance mechanism, powered by Gamma’s strategies, directly translates into more substantial financial benefits for veBXT holders, empowering them within the BaseX ecosystem.

Growth and Stability for the BaseX Protocol

  • The integration of Gamma’s liquidity management tools is expected to significantly increase the Total Value Locked (TVL) in BaseX, attracting more liquidity providers and users to the platform.
  • More veBXT lockers mean a stronger and more engaged community, contributing to the protocol’s long-term growth, stability, and increased valuation of the BXT token.

A Boost for the Entire Base Chain Ecosystem

  • This integration provides a better trading experience for all users on Base Chain, characterized by enhanced liquidity, reduced slippage, and more stable prices, benefiting traders and investors alike.
  • By combining UniSwap V3’s concentrated liquidity model with Gamma’s active liquidity management, the partnership enhances the capital efficiency of the entire Base Chain ecosystem.

BaseX and Gamma Join Forces to Revolutionize DeFi Environment on Base Chain

The partnership of BaseX and Gamma is more than just a strategic alliance – it’s a shared vision for a more efficient and user-centric DeFi ecosystem. By integrating Gamma’s advanced liquidity management capabilities, BaseX is poised to revolutionize trading and liquidity provision, providing unmatched benefits to our users.

FOLLOW BaseX

Website | X

FOLLOW Gamma

Website | X

RESOURCES

BaseX

REQUEST AN ARTICLE
Market Stats:
BTC Dominance: 57.42%(-0.25%/24h)
ETH Dominance: 12.11%(+0.00%/24h)
Defi Market Cap: $112.55B(-21.93%/24h)
Total Market Cap: $3262.87B(-1.65%/24h)
Total Trading Volume 24h: $141.63B(-15.79%/24h)
ETH Market Cap: $395.18B
Defi to ETH Ratio: 28.48%
Defi Dominance: 3.3%
Altcoin Market Cap: $1389.26B
Altcoin Volume 24h: $94.61B
Total Cryptocurrencies: 32940
Active Cryptocurrencies: 10440
Active Market Pairs: 94947
Active Exchanges: 772
Total Exchanges: 9798
BTC: 94636.84$(0.13%/1H)
ETH: 3278.73$(0.59%/1H)
AVAX: 36.35$(0.3%/1H)
BNB: 655.16$(1.18%/1H)
MATIC: 0.47$(0.19%/1H)
FTM: 0.95$(0.68%/1H)
ADA: 0.88$(0.21%/1H)
DOT: 6.8$(0.3%/1H)
UNI: 13.72$(0.11%/1H)
CAKE: 2.33$(0.99%/1H)
SUSHI: 1.44$(0.72%/1H)
ONE: 0.03$(1.94%/1H)