esGMX token
Overview
esGMX (escrowed GMX) is a non-transferable, escrowed version of the GMX token used within the GMX decentralized exchange ecosystem. It is distributed as a reward to liquidity providers and stakers, and can be staked to earn additional rewards. Over a vesting period, esGMX gradually converts into transferable GMX.
Within the DeFi Intel graph, esGMX connects to 1 tracked entity, most strongly to GMX.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | GMX | 95% |
Frequently asked questions
What is esGMX?
esGMX (escrowed GMX) is a non-transferable, escrowed version of the GMX token used within the GMX decentralized exchange ecosystem.
How is esGMX distributed?
esGMX is distributed as a reward to liquidity providers and stakers.
How does esGMX convert into GMX?
Over a vesting period, esGMX gradually converts into transferable GMX.