According to BlockBeats, on August 8, GMX officially announced that the proposal vote initiated by the GMX community to "change the income distribution model to repurchase and distribute GMX" has received majority support from GMX DAO and is currently waiting in line for execution.
The proposal aims to leverage the advantages of “buyback” to enhance GMX’s long-term value retention capabilities, optimize user experience and protocol strategy flexibility, while minimizing model changes and fully retaining the advantages of “real returns”.
