TechFlow news: GMX has announced two important governance proposals on Snapshot. These votes concern updating the maximum leverage parameters on GMX and establishing a GMX token pool and market on GMX V2.
The governance vote on creating a GMX token pool and market on GMX V2 aims to determine potential market listings for the GMX token. Oracle feeds for the GMX token have completed testing and are scheduled for deployment on Avalanche in June 2024. Voting options include creating different GMX markets, such as a GMX-USDC market or a GMX-GMX market.
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