GMX proposal suggests increasing the coverage of buyback and distribution fees to 90%

According to Foresight News, GMX has proposed to increase the coverage of buyback and distribution fees from 27% to 90%.

The proposal suggests that 63% of the fees allocated to GM LP be used for buybacks and distributions, thereby increasing the coverage to 90%.

Other voting options include adjusting the fee distribution of GMX:GM LP from 27:63 to 40:50, changing the coverage to 40%, and opposing the above two options.