The GMX community initiated a proposal vote to change the income distribution model to repurchase and distribute GMX
On July 26th, GMX Community launched a proposal vote on Snapshot to "change the income distribution model to buyback and distribute GMX", suggesting to change GMX's current income distribution model from "buyback ETH and distribute ETH" to "buyback GMX and distribute GMX". According to the proposal, this change aims to leverage the advantages of "buyback" to enhance GMX's long-term value retention ability, optimize user experience and protocol strategic flexibility, while minimizing model changes and fully retaining the advantage of "real earnings".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Streamer loses $700K in BTC betting on Harris win
XRP eyes $1.10 as key level for potential rally
Ethereum reaches $2.5K after Trump election boost
Solana gains attention as Dogen rallies by 2,300%