According to BlockBeats, on August 8, the GMX community initiated a proposal to change the revenue distribution model to a buyback and distribute GMX approach. This proposal has garnered majority support from the GMX DAO and is currently queued for execution.
The proposal aims to leverage the advantages of the buyback method to enhance GMX's long-term value retention, optimize user experience, and increase protocol strategic flexibility. Additionally, it seeks to minimize model changes while fully preserving the benefits of real revenue.
