RunnerXBT|Mar 17, 2026 13:06
Approximately 1 week ago, the GMX DAO passed a plan that makes GMX protocol equity of a perp DEX that generates decent revenue (ann. fees $41.64M & 27% of all fees used for buybacks - as per DefiLlama).
This plan also fixed structural supply-side issues (no one gets unlocked until GMX trades > $90) , and the 80% staking rule means dropping below 80% of peak stake amount forfeits everything.
Also ~600K tokens were pulled from external DEX pools and redeployed into GMX's own infra.(RunnerXBT)
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