GMX opens on-chain voting to "change the income distribution model to repurchase and distribute GMX"

GMX announced that the "income distribution model will be changed to repurchase and distribute GMX" has passed the snapshot vote and opened the on-chain vote. The voting will end on August 5th. The proposal suggests that GMX's current income distribution model be changed from "repurchasing ETH and distributing ETH" to "repurchasing GMX and distributing GMX".

Comments

All Comments

Recommended for you

Techub News ·

Pudgy Penguins CEO：何为消费级加密货币应用

加密货币行业中的一些 builder 努力地重复造轮。如今，一些突破性的消费级产品，若是能基于区块链打造并利用好加密货币的激励机制，其规模可能是现在的 10 倍。与其试图重新创建一种模式，不如利用现有的模式进行加密化改造。我认为，许多尚未面世的消费级加密货币应用在 Web2 中都有对应的产品，它们正等待着通过加密货币释放巨大的增长潜力。
Footprint_Data ·

Why We Created Growthly: Revolutionizing Web3 Growth

Why We Created Growthly: Revolutionizing Web3 Growth
Xangle ·

Cypherpunk 2024 Part.1

In today’s world, the internet has woven itself into nearly every aspect of our lives, influencing how we work, socialize, and think. The sheer amount of personal information stored on a single device could easily reconstruct someone’s entire life. B
Mint Blockchain ·

Forest Expedition Launch: Today, A Forest Goes Fully On-Chain! 🌳

Today marks an unprecedented achievement: a forest fully on-chain. This milestone represents a revolutionary step forward in the Mint Blockchain and Web3 ecosystem.
Xangle ·

NEAR 2Q24 Review

NEAR Protocol (NEAR) is a layer 1 blockchain that employs the threshold Proof of Stake (TPoS) consensus mechanism. Designed for performance, security, and scalability, NEAR is both user-friendly and carbon-neutral. Recently, NEAR has gained traction
Xangle ·

Not Just a Made Up Story

On August 19, 2024, authors Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson filed a class-action lawsuit against AI company Anthropic, accusing the company of illegally downloading copyrighted books to train its AI model, Claude. Just a month
Footprint_Data ·

IVS Crypto 2024 Recap: Insights from Industry Leaders on Web3 Gaming

IVS Crypto 2024 Recap: Insights from Industry Leaders on Web3 Gaming
PermaDAO ·

In-Depth Interview with an AO Ecosystem Project: Dumdumz NFT Founder CryptoCherie Reveals the Secrets Behind the Explosively Sucessfully

Recently, Dumdumz NFT has sparked a frenzy of atomic assets within the AO ecosystem. PermaDAO has invited the founder of the Dumdumz NFT project, CryptoCherie, to join us in uncovering the secrets behind the explosive success of Dumdumz NFT!
CointimeSG ·

InnoBlock 2024 Airdrop DemoDay: Forging Deep Connections between Projects and VCs
Van Loon plaintiffs challenge US Treasury sanctions on Tornado Cash

plaintiff Van Loon appealed on September 2nd in the Fifth Circuit Court, challenging the US Treasury Department's decision to list Tornado Cash as a specially designated national (SDN). The plaintiff believes that the Treasury Department's sanctions on this open source project without clear guidance may threaten the First Amendment rights of programmers.