GMX opens on-chain voting to "change the income distribution model to repurchase and distribute GMX"
GMX announced that the "income distribution model will be changed to repurchase and distribute GMX" has passed the snapshot vote and opened the on-chain vote. The voting will end on August 5th. The proposal suggests that GMX's current income distribution model be changed from "repurchasing ETH and distributing ETH" to "repurchasing GMX and distributing GMX".
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
241125: Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%. Bitcoin retreated after failing to break the $100,000 milestone on Nov. 24, causing one of the largest weekend crypto liquidation events in over half a y
Crypto Faces Ongoing Challenges Despite Pro-Crypto Shift in U.S. Leadership
Australia Seeks Public Input on Adopting Global Crypto Reporting Standards