The PANews news on July 22, according to a new proposal released by the GMX core contributor, the GMX team proposes to change the profit distribution model from "repurchasing ETH and distributing ETH" to "repurchasing GMX and distributing GMX". This proposal aims to leverage the advantages of "repurchase" to enhance the long-term value preservation ability of GMX, optimize user experience and strategic flexibility of the protocol. Specifically, 30% and 70% of the fees of GMX V1 and 27% of the fees of GMX V2 will be used to repurchase GMX instead of the current WETH and WAVAX. This will create sustained buying pressure for GMX, promote price stability and growth. Users can choose to "convert GMX to ETH" or "convert GMX to AVAX" when claiming or compounding to ensure the user experience remains unchanged.
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GMX新提案建议将收益分配模式由“回购ETH并分配ETH”改为“回购GMX并分配GMX”
The PANews news on July 22, according to a new proposal released by the GMX core contributor, the GMX team proposes to change the profit distribution model from "repurchasing ETH and distributing ETH" to "repurchasing GMX and distributing GMX". This proposal aims to leverage the advantages of "repurchase" to enhance the long-term value preservation ability of GMX, optimize user experience and strategic flexibility of the protocol. Specifically, 30% and 70% of the fees of GMX V1 and 27% of the fees of GMX V2 will be used to repurchase GMX instead of the current WETH and WAVAX. This will create sustained buying pressure for GMX, promote price stability and growth. Users can choose to "convert GMX to ETH" or "convert GMX to AVAX" when claiming or compounding to ensure the user experience remains unchanged.