Reward distribution in GMX tokens is now live! This completes the transition from the previous model based on ETH rewards to the new "Buyback and Distribute GMX" model.

🔸 The first distribution of rewards in GMX tokens just took place today.

🔸 30% of GMX V1 fees and 27% of GMX V2 fees are allocated to buy back GMX tokens for distribution.

🔸 The buyback process allows anyone to deposit GMX tokens in exchange for the currently pending fees. For more details, please visit: