🎯GemaX Solver Network

Introduction to the GemaX Solver

At GemaX, we recognize the crucial significance of market makers in maintaining liquidity, minimizing market impediments, and ensuring smooth trading encounters.

Liquidity stands as the vital force in financial markets, and we take a proactive stance in recruiting new solvers while forging proprietary and exclusive strategies and agreements. This approach positions GemaX as the foremost on-chain perpetual derivatives exchange.

Our unique strategy and close collaboration with the solver network will enable GemaX to scale effectively, consistently delivering the most competitive trading experience. This, in turn, leads to the creation of mutual value for all participants within the GemaX ecosystem:

GemaX Solver Onboarding

GemaX will collaborate closely with exclusive Solvers, fostering mutual benefits for the platform and all participants.

Benefits for GemaX:

1. Augmented Liquidity: Guarantee a consistent asset flow, minimizing slippage.

2. Optimized Price Stability: Dedicated market makers contribute to effective volatility management, resulting in more stable prices.

3. Tailored Offerings: Exclusive partnerships allow for customized solutions that align with GemaX's vision and user requirements, encompassing increased open interest, broader pair availability, and more.

Benefits for Market Makers:

1. Exclusive Access and Order Flow: Servicing GemaX exclusively provides market makers with a distinctive position within our ecosystem.

2. Capitalization: GemaX facilitates capitalization for market makers joining the network, enabling low capital commitments for solver onboarding.

3. Revenue Opportunities: With our expanding user base, market makers can access significant delta-neutral and risk-adjusted revenue streams.

4. Continuous Support: GemaX ensures partners receive ongoing technical, operational, and promotional support, maximizing the partnership's potential.

Through exclusive agreements and a well-defined onboarding process, our goal is to consistently elevate our platform's liquidity and offerings, ensuring the optimal experience for our users.

Stable Deposit Pool: Capitalizing the Solver

The Stable Deposit Pool plays a crucial role in GemaX, serving as a strategic element to support Solver market-making activities.

1. Users can partake in revenues through a distinctive and passive delta-neutral stablecoin yield opportunity.

2. Capital from the pool will be deployed in market-making operations, augmenting open interest availability on GemaX.

3. A portion of the revenues generated will be distributed to xMGX stakeholders, offering an additional layer of utility and yield.

This stable deposit pool will be utilized in both exclusive partnerships with collaborating market makers and in the establishment of GemaX's proprietary solver.

Access Requirements: Staking xMGX: Entry to this pool is exclusive, necessitating the staking of a minimum amount of xMGX.

Value Capture and Competitive Advantages

Through active engagement on both the solver and exchange fronts, GemaX will secure substantial value capture and distinct competitive advantages. This comprehensive approach provides a significant competitive edge, enabling us to offer exclusive open interest (OI) and maintain a strong position in the market. Our strategy ensures heightened control over our offerings, empowering us to deliver optimal services to users.

This strategy creates a mutually beneficial scenario for all platform participants, maximizing value creation: Traders:

• Enhanced OI, improved order execution, broader pair availability, and a more dependable trading experience. Market Makers:

• Capitalization through the Stable Deposit Pool, access to exclusive order flow, and collaborative onboarding to the network. xMGX Stakers:

• Exclusive delta-neutral yield opportunities via the Stable Deposit Pool, increased revenues from market-making operations, reinforced platform resilience, and amplified value capture.

Solver Onboarding Process:

• Initial Engagement and Discussion: Market makers interested in collaboration can initiate contact with our dedicated team to explore potential partnership opportunities.

• Due Diligence: A comprehensive examination of the market maker's track record, reputation, and operational capabilities is conducted to ensure alignment with GemaX's standards.

• Agreement Formulation: Upon reaching a consensus, an agreement is crafted, delineating roles, responsibilities, and the terms of the partnership.

• Integration and Testing: The market maker's systems undergo integration into GemaX, followed by meticulous testing to guarantee seamless operation.

• Launch & Oversight: Once launched, ongoing monitoring and open communication channels are maintained to ensure optimal performance and facilitate adjustments as needed.