According to Techub News, the Snapshot governance page shows that the GMX community initiated a vote on the Snapshot governance page on July 24, proposing to change the current income distribution model from "buy back ETH and distribute ETH" to "buy back GMX and distribute GMX". The proposal aims to take advantage of the buyback and enhance GMX's ability to maintain long-term value.
MX community proposal will change the income distribution model to "buy back GMX and distribute GMX".
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