GMX Deployment Updates (Nov 2022)
There will be a few updates to the GLP peripheral contracts in the coming weeks.
Planned Updates
Switching to a new GLP Manager with additional utility functions
Removal of the 15-minute GLP cooldown duration
New Timelock for the new contracts
New GLP Manager Addresses
Avalanche: 0xD152c7F25db7F4B95b7658323c5F33d176818EE4
New GLP Reward Router Addresses
New Reward Routers will be used for minting and burning of GLP.
Avalanche: 0xB70B91CE0771d3f4c81D87660f71Da31d48eB3B3
Please note that the new GLP Reward Routers will be solely for the purpose of minting and burning GLP.
The specific functions that can be used are:
mintAndStakeGlp
mintAndStakeGlpETH
unstakeAndRedeemGlp
unstakeAndRedeemGlpETH
All other functions of the new GLP Reward Routers should not be used.
The current Reward Router should continue to be used for all other functions.
New Timelock Addresses
Avalanche: 0x8Ea12810271a0fD70bBEB8614B8735621abC3718
Please note that this is an early announcement. The new contracts are not ready for use yet, as they will require some time for the access control to be properly configured.
We will make a follow-up announcement when the contracts are ready to be used.
Estimated Timeline
5 Dec 2022: New GLP Manager and GLP Reward Routers are usable; 15-minute cooldown duration is removed
12 Dec 2022: Current GLP Manager is disabled; the existing Reward Router will not be able to mint or burn GLP
15 Dec 2022: The GLP price from the current GLP Manager will no longer be updated
Integrations
The current StakedGlp contracts will continue to function as before.
If your protocol is currently using the GlpManager or RewardRouter contracts to get the price of GLP or to mint/burn GLP, please reach out to coinflipcanada for any clarifications if needed.
Connect with us
Website: https://gmx.io/
Twitter: https://twitter.com/GMX_IO
Telegram: https://t.me/GMX_IO
Announcements: https://t.me/GMX_Announcements
Discord: https://discord.gg/H5PeQru3Aa
Github: https://github.com/gmx-io
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