Flows
Last updated
Last updated
Key Finance is a protocol that builds a liquid staking service for GMX, developed for those interested in the GMX ecosystem, especially for those who have staked their GMXs.
GMX stakers, or users who may have a staking account of GMX, must first wrap their assets into Key utility tokens to use Key Finance's liquidity solutions. Once the step of the wrapping process is complete, users are able to immediately take advantage of exploring financial opportunities ready-made by Key Finance.
There are a couple of services that are immediately available: 1) Liquidity provision to the pools of Key utility tokens and GMX, and 2) Staking at Key Finance.
If users want to cash out their assets that are wrapped in Key utility tokens, into GMX, or if they want to return to get plain rewards at GMX staking, they can do so at Key Finance. Otherwise, users can cash out key utility tokens to GMXs at Uniswap.
The inflow process from GMX to Key Finance is as follows:
The outflow from Key Finance is as follows: