GMX Upgrade on On-chain Earn

According to the official plan of GMX, On-chain Earn GMX will be undergoing the system upgrade from 8 November, 2024 03:00 (UTC). The reward will be distributed in GMX after the upgrade.

On-chain Earn GMX subscription and redemption will be suspended from 8 November, 2024 03:00 (UTC). The upgrade is expected to be completed by 15 November. All the ETH rewards before the upgrade are distributed on 5 November. Earnings will continue to accumulate as usual from 30 October and during this upgrading period, and will be distributed in GMX after the upgrade. The users won’t need to do anything about it. The On-chain Earn GMX will reopen once the upgrade is complete.

Disclaimer

1. Regarding On-chain Earn products, as the Defi mechanisms for different projects may vary, it's important to carefully read and understand the mechanism rules for each project before subscribing. These rules include, but aren't limited to the minimum redemption amount, interest accrual start time, reward distribution time, principal redemption period, and expected annualized earnings.

2. OKX will extract a certain percentage of fees from users. For detailed fee information, please refer to the product introduction page.

3. Except for project launch and reward distribution, OKX assumes no responsibility for disputes over any agreement, hacking incidents, project fraud, and other risks that may result in asset loss for the subscribers.

Thank you for your continued support. We'll be launching more On-chain Earn products in the coming weeks. Stay tuned for more information.

OKX team

8 November, 2024