Foresight News reports that GMX has initiated a proposal to increase the coverage of buyback and distribution fees from 27% to 90%. The proposal suggests allocating 63% of the fees to GM LP for buybacks and distributions, thereby raising the coverage of buyback and distribution fees from 27% to 90%. Other voting options for the proposal include adjusting the fee distribution for GMX:GM LP from 27:63 to 40:50, which would change the coverage rate for buybacks and distributions to 40%, as well as opposing the two aforementioned options.