星球日报|Mar 04, 2026 13:05
[GMX DAO Adjusts Buybacks and Liquidity Through Governance Proposal to Restore Price Discovery]
Odaily Planet Daily reports that GMX DAO recently approved a strategic plan to address the limited effectiveness of ongoing buybacks and the pressure on prices caused by excess supply on CEXs. According to the new plan, starting this week, staking rewards will be directed to the protocol treasury, and protocol liquidity will be concentrated within GMX's own infrastructure. This move is reportedly aimed at optimizing the price discovery mechanism, reducing the market impact of excess supply on exchanges, and strengthening the intrinsic value support of the protocol.
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