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Crypto Rug Pull – Sick of rug pull by CEX?
By SmallCapAsia  •  December 15, 2022
Source: https://www.coingecko.com/en/coins/gmx

Besides GMX, another possible platform that one can look at will be Gains Network.

gains network Source: gTrade

Gains Network is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform. This platform allows for low trading fees, and a wide range of leverages and pairs (up to 150x on cryptos, up to 1000x on forex, and up to 100x on stocks).

The main token that enable gTrade will be GNS token ($GNS). It started initially as the $GFARM2 token on Ethereum, which was fairly distributed in an ETH pool and a GFARM2/ETH LP pool.

The dev fund and the gov fund had a 5% share of the token distribution (10% total). It was later bridged to Polygon, and had a 1:1000 split to $GNS.

The GNS token also acts as a mechanism of liquidity efficiency, offer returns for those participating in the ecosystem. Over its lifetime it

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By SmallCapAsia
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