Enzyme to Deprecate GMX Integration on August 17th

Enzyme will deprecate the GMX integration in Enzyme Blue on August 17th.Vaults using GMX must liquidate their positions and withdraw funds from the integration before the deadline to avoid disruption.Refer to the official tweet by MLN:Important notice for Enzyme Blue users.The GMX integration in Blue will be deprecated on August 17. If your vault leverages GMX, please liquidate your positions and withdraw your funds from the integration before that date.Questions? Reach out to us →… MLN InfoEnzyme, previously known as the Melon Protocol, is a decentralized protocol built on Ethereum dedicated to on-chain asset management. It empowers users to establish, administer, and invest in tailored on-chain investment structures.The Enzyme platform streamlines various asset management activities such as fund creation, investment requests, and transaction executions. To avail platform services, users incur a cost called the Asset Management Gas Unit (AMGU), payable in ETH. These fees converge into the Melon engine contract. The Enzyme Council DAO, a governing body, holds the authority to adjust the AMGU price in response to the prevailing network conditions.Enzyme’s native token, MLN, adheres to a mint and burn model. Every year, 300,600 MLN tokens are minted, with their distribution determined through a voting process. The fundamental purpose of these tokens is to reward platform maintainers and developers. The Melon engine contract, after amassing ETH fees, procures MLN/ETH and subsequently burns the acquired MLN every 30 days.