BlockBeats news, on August 8th, according to the official announcement from GMX, the GMX community initiated a proposal to ‘change the income distribution model to repurchase and distribute GMX’, which has received majority support from the GMX DAO and is currently waiting to be executed. The proposal aims to utilize the advantages of ‘repurchase’ to enhance the long-term value preservation capability of GMX, optimize user experience and protocol strategic flexibility, while minimizing model changes and fully retaining the advantages of ‘real income’.
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GMX: The proposal of 'Buyback GMX and distribute GMX' has been approved and is waiting for implementation.
BlockBeats news, on August 8th, according to the official announcement from GMX, the GMX community initiated a proposal to ‘change the income distribution model to repurchase and distribute GMX’, which has received majority support from the GMX DAO and is currently waiting to be executed. The proposal aims to utilize the advantages of ‘repurchase’ to enhance the long-term value preservation capability of GMX, optimize user experience and protocol strategic flexibility, while minimizing model changes and fully retaining the advantages of ‘real income’.