GM Index Token (launching in mid Decemeber)

The GM Index Token, a pioneering Index token built upon Perp DEX LPs, will take on a structure similar to GLP. It consolidates most of the GM pools into one token, with the composition based on each pool’s assets under management (AUM). This allows users to diversify their risks across multiple underlying assets present in various GM pools, maintaining partial exposure and earning protocol fees. It’s an ideal choice for those who prefer to avoid the specific asset’s risk exposure and are more interested in market-wide exposure.

This alternative investment option caters to users who wish to invest in GMX and the broader market’s performance, rather than a specific asset pair pool. This approach aims to attract a wider range of users, particularly those with a lower risk tolerance, to invest in GM tokens.