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The new proposal of GMX DAO plans to allocate 10% of the protocol fees to the GMX treasury

2023-07-13 14:07:19

ChainCatcher message, the decentralized derivatives protocol GMX DAO has opened the "v2 fee allocation" proposal voting, which includes two options and will end on July 19.

Option 1: Plan to allocate 10% of GMX protocol fees to the GMX treasury, 63% to liquidity providers in each specific liquidity pool, and 27% to all GMX staking pools across chains; Option 2: Plan to maintain the existing v1 distribution method, which allocates 70% to liquidity providers in each specific liquidity pool and 30% to all GMX staking pools across chains.

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