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BTC $61,189.58 -2.23%
ETH $1,578.27 -5.47%
BNB $580.02 -1.17%
XRP $1.09 -3.18%
SOL $63.11 -4.17%
TRX $0.3197 -1.41%
DOGE $0.0820 -2.47%
ADA $0.1589 -1.49%
BCH $223.51 +0.09%
LINK $7.42 -2.07%
HYPE $59.97 -3.30%
AAVE $61.89 -9.34%
SUI $0.7104 +1.02%
XLM $0.2016 +5.20%
ZEC $368.89 +18.85%

The GMX community initiated a vote on the "GMX v2 Fee Distribution" proposal

2023-07-13 11:51:31
Collection

ChainCatcher message, GMX has initiated a voting proposal for GMX v2 fee distribution, with two main options: Option One will allocate 10% of the protocol fees earned by GMX stakers and liquidity providers to the GMX treasury, meaning 10% of the adjusted protocol fees will go to the GMX treasury, 63% will be allocated to liquidity providers, and 27% will be allocated to GMX stakers, with the Chainlink oracle fees being paid from the 10% received by the GMX treasury; Option Two will maintain the current 7:3 protocol fee distribution between liquidity providers and stakers, where the Chainlink oracle fees will be paid by GMX stakers, approximately 1.2% of the protocol fees.

Currently, the voting support rate for Option One of the proposal is 98%, and the voting will end on July 19 at 8:00 AM. (source link)

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