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TechFlow reported on August 8 that GMX announced on the X platform that the proposal to change its revenue distribution model to "buy back and distribute GMX" has gained majority support from the GMX DAO and is now queued for execution.
Previous report: A GMX community proposal to shift the revenue distribution model to "buy back GMX and distribute GMX" received 99.31% approval.
GMX announced on the X platform that the proposal to change the revenue distribution model to repurchasing and distributing GMX has received majority support from the GMX DAO and is now queued for execution. Previously, a community proposal to modify the revenue distribution model to "repurchase GMX and distribute GMX" garnered 99.31% approval.
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