According to BlockBeats, on July 26, the GMX community initiated a proposal on the Snapshot governance page, suggesting that the income distribution model be changed from "buy back ETH and distribute ETH" to "buy back GMX and distribute GMX".

The proposal states that this change aims to leverage the advantages of "buybacks", enhance GMX's long-term value retention capabilities, optimize user experience and protocol strategy flexibility, while minimizing model changes and retaining the advantages of "real returns".