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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
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GMX proposes to increase the coverage range of repurchase and distribution expenses from 27% to 90%
Odaily Planet Daily News GMX proposes to increase the coverage of repurchase and distribution costs from 27% to 90%. It is proposed to reduce the cost allocation ratio of GM LP from 63% to 0%, and increase the distribution ratio of GMX Treasury to 73%, in order to support the Token repurchase and Airdrop mechanism. It is expected that the monthly repurchase quantity of GMX will increase to 345,534 tokens, with a repurchase value of 8,489,000 USD. From the perspective of GMX holders, this proposal presents a symmetrical choice to the community, which is to directly adjust the fee distribution ratio. However, it is worth noting that any changes to the economic model may have a long-term impact on the price performance of GMX, and the benefits of increasing percentages and the negative effects of changing the economic model will ultimately be borne by GMX holders.