The GMX community initiated a proposal vote to "change the income distribution model to repurchase and distribute GMX"

BlockBeats reported that on July 26, according to the Snapshot governance page, the GMX community initiated a proposal to "change the income distribution model to repurchase and distribute GMX", suggesting that the current income distribution model of GMX be changed from "repurchase ETH and distribute ETH" to "repurchase GMX and distribute GMX".

The proposal stated that this change aims to take advantage of the "repurchase" to enhance GMX's long-term value retention ability, optimize user experience and protocol strategy flexibility, while minimizing model changes and fully retaining the advantages of "real income".