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ETH $1,914.48 +1.17%
BNB $589.05 +3.81%
XRP $1.09 +2.00%
SOL $74.51 +1.78%
TRX $0.3287 +0.80%
DOGE $0.0703 +0.39%
ADA $0.1747 +7.61%
BCH $219.31 +4.53%
LINK $8.46 +2.39%
HYPE $53.94 -1.50%
AAVE $98.75 +0.57%
SUI $0.6969 +2.13%
XLM $0.1721 -0.14%
ZEC $474.45 +2.70%

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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