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The GMX community initiated a proposal vote to change the income distribution model to repurchase and distribute GMX

The GMX community initiated a proposal vote to change the income distribution model to repurchase and distribute GMX

CointimeCointime2024/07/26 12:22
By:Cointime

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".

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