Figures Explanation

View Your Position
You can check your position and rewards on the left side of the screen.
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My nGLP: This value shows your nGLP holdings and their USD value
Reserved nGLP: This value shows your nGLP tokens that are reserved for esNEU vesting.
Read more about vesting -> Vesting​
Reward: GLP rewards are accumulated and distributed in DAI with a bonus esNEU on a weekly basis.
Vault Features
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APR: The APR shows the interest you can earn in one year. The nGLP vault APR includes the following values:
1.GLP Rewards APR: This value shows the APR earned from GLP investment, which will be distributed in DAI. Please note that as we accumulate rewards over a period of 1 week and distribute them on a weekly basis, the APR shown on the screen reflects GLP APR from the previous week.
2.esNEU Rewards APR: This value shows the APR of esNEU rewards, which will be distributed dynamically according to APR.
nGLP Price: nGLP price reflects GMX's GLP price plus the net collateral value of ETH and BTC short positions. Hence, the price of nGLP may be changing on your screen based on the profits and losses of traders on GMX.
TVL: This value shows the total USD value of funds deposited into the vault.
1.The gauge is reset once a batch has been completed successfully.
2.Below the TVL shows how much room there is left for additional deposits for the current epoch.
Please Note
There is a 20% performance fee collected from APR every week. The APR you see is the final value after fee deduction.
The nGLP price may fluctuate, caused by innumerous variability of long and short values (trader Pnl, unhedged value, etc.). If there is even a -0.000000000000001 in price, nGLP price will be round down.
Last modified 26d ago