# Proposals **URL:** https://gov.gmx.io/c/proposals/5.md [Latest](https://gov.gmx.io/latest.md) · [Categories](https://gov.gmx.io/categories.md) · [Tags](https://gov.gmx.io/tags.md) --- ## [About the Proposals category](https://gov.gmx.io/t/about-the-proposals-category/11)
**Author:** [@xdev\_10](https://gov.gmx.io/u/xdev_10)\ **Replies:** 0
--- ## [\[GMLabs-001\] Establishing a $10M GMX Market Making Fund](https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 14\ **Last updated:** [September 25, 2026, 11:07am UTC](https://gov.gmx.io/t/gmlabs-001-establishing-a-10m-gmx-market-making-fund/5154 "2026-09-25T11:07:30Z")
Summary GM Labs is establishing a $10M market making fund for the GMX token, funded from the treasury. The fund will use the protocol’s combined Open Interest across all chains as its reference: when GMX circulating mar… --- ## [\[GMLabs-002\] GT Airdrop for GMX Stakers and GT Buyback Season 2](https://gov.gmx.io/t/gmlabs-002-gt-airdrop-for-gmx-stakers-and-gt-buyback-season-2/5159)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 3\ **Last updated:** [September 22, 2026, 11:56am UTC](https://gov.gmx.io/t/gmlabs-002-gt-airdrop-for-gmx-stakers-and-gt-buyback-season-2/5159 "2026-09-22T11:56:02Z")
GT Airdrop As announced in GMLabs-001, GMX stakers will receive the first GT airdrop. Details: Snapshot period: October 1, 00:00 UTC to November 1, 00:00 UTC Basis: each address’s daily average staked GMX over the… --- ## [Concluding the GMX Listing Committee](https://gov.gmx.io/t/concluding-the-gmx-listing-committee/5150)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 1\ **Last updated:** [August 13, 2026, 2:54pm UTC](https://gov.gmx.io/t/concluding-the-gmx-listing-committee/5150 "2026-08-13T14:54:02Z")
Summary The GMX Listing Committee is being wound down after four terms. This is a decision about product direction, not about the committee’s work. From here, listing decisions will be handled internally. This post share… --- ## [GMX Security Committee Season 4](https://gov.gmx.io/t/gmx-security-committee-season-4/5051)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 11\ **Last updated:** [August 12, 2026, 5:24pm UTC](https://gov.gmx.io/t/gmx-security-committee-season-4/5051 "2026-08-12T17:24:00Z")
Summary This proposal seeks DAO approval to constitute Season 4 of the GMX Security Council for the term May 1, 2026 through October 31, 2026. The Security Council serves as a dedicated security and governance oversight… --- ## [GMX Referral Program update](https://gov.gmx.io/t/gmx-referral-program-update/5131)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 7\ **Last updated:** [July 8, 2026, 12:33pm UTC](https://gov.gmx.io/t/gmx-referral-program-update/5131 "2026-07-08T12:33:19Z")
Motivation: GMX is proposing a set of changes to the referral program on Arbitrum. The changes are designed to make the program more sustainable, reward genuine trading activity, and create structured pathways for high-v… --- ## [Funding partnership: Rekt News perpetual DEX security educational coverage](https://gov.gmx.io/t/funding-partnership-rekt-news-perpetual-dex-security-educational-coverage/5110)
**Author:** [@GovernanceSCG](https://gov.gmx.io/u/GovernanceSCG)\ **Replies:** 9\ **Last updated:** [June 25, 2026, 4:37pm UTC](https://gov.gmx.io/t/funding-partnership-rekt-news-perpetual-dex-security-educational-coverage/5110 "2026-06-25T16:37:17Z")
TL;DR Rekt News (rekt.news) proposes a 12-month partnership with GMX DAO to produce dedicated educational content covering perpetual DEX security. Output: 4 long-form investigations, 1 case study on the GMX $42M reentran… --- ## [$1 and 1,000,000 $GMX](https://gov.gmx.io/t/1-and-1-000-000-gmx/5100)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 10\ **Last updated:** [June 23, 2026, 11:42am UTC](https://gov.gmx.io/t/1-and-1-000-000-gmx/5100 "2026-06-23T11:42:16Z")
Summary The two core pillars of our work are protocol growth and token price performance. Protocol growth will be addressed in subsequent proposals; this proposal focuses on aligning the GMX team’s incentives with the l… --- ## [GMX Labs Leadership Update](https://gov.gmx.io/t/gmx-labs-leadership-update/5029)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 16\ **Last updated:** [May 5, 2026, 12:59pm UTC](https://gov.gmx.io/t/gmx-labs-leadership-update/5029 "2026-05-05T12:59:00Z")
Summary This proposal outlines GMX Labs’ organizational evolution plan and lays the foundation for an upcoming DAO proposal. GMX Labs has supported the development and operation of the GMX protocol over the years. During… --- ## [Card-Linked Credit Against On-Chain Positions Without Unwinding](https://gov.gmx.io/t/card-linked-credit-against-on-chain-positions-without-unwinding/5082)
**Author:** [@Ikenna-AnyWhere](https://gov.gmx.io/u/Ikenna-AnyWhere)\ **Replies:** 3\ **Last updated:** [May 4, 2026, 7:17am UTC](https://gov.gmx.io/t/card-linked-credit-against-on-chain-positions-without-unwinding/5082 "2026-05-04T07:17:13Z")
Hi GMX team, I’m Isitor from Anywhere Payment—we provide issuing, compliance, and settlement infrastructure for crypto-linked card programs (Visa/Mastercard). We’re exploring a design where users can spend against GM o… --- ## [Buy-Wall Floor Deployment — March 18–25 Epoch](https://gov.gmx.io/t/buy-wall-floor-deployment-march-18-25-epoch/5062)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 2\ **Last updated:** [April 17, 2026, 7:30am UTC](https://gov.gmx.io/t/buy-wall-floor-deployment-march-18-25-epoch/5062 "2026-04-17T07:30:55Z")
Summary The buy-wall floor mechanism is being activated for the March 18–25 weekly epoch, as part of the implementation of A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery. The floor pr… --- ## [Tally Is Shutting Down — Option to Maintain the Existing Interface (No Contract Changes)](https://gov.gmx.io/t/tally-is-shutting-down-option-to-maintain-the-existing-interface-no-contract-changes/5078)
**Author:** [@DavidLen](https://gov.gmx.io/u/DavidLen)\ **Replies:** 1\ **Last updated:** [April 15, 2026, 8:38am UTC](https://gov.gmx.io/t/tally-is-shutting-down-option-to-maintain-the-existing-interface-no-contract-changes/5078 "2026-04-15T08:38:52Z")
Hi delegates and community members, I’m David Len. My team and I built and maintained the governance Discourse layer used by Aave and 10+ DAOs. Given Tally’s shutdown, we’re exploring a path to keep a familiar governanc… --- ## [A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery (Revised)](https://gov.gmx.io/t/a-strategic-plan-to-neutralize-cex-supply-overhang-and-restore-gmx-price-discovery-revised/5042)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 21\ **Last updated:** [March 17, 2026, 1:41pm UTC](https://gov.gmx.io/t/a-strategic-plan-to-neutralize-cex-supply-overhang-and-restore-gmx-price-discovery-revised/5042 "2026-03-17T13:41:55Z")
Liquidity Optimization Onchain Liquidity Withdrawal: Withdraw ~ 600,000 GMX from treasury-controlled Uniswap and Trader Joe pools. This figure is an estimate based on current data; final amounts will be determined up… --- ## [GMX Governance Committee Season 4](https://gov.gmx.io/t/gmx-governance-committee-season-4/5049)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 4\ **Last updated:** [March 12, 2026, 5:49pm UTC](https://gov.gmx.io/t/gmx-governance-committee-season-4/5049 "2026-03-12T17:49:11Z")
Formation & Structure: The GMX Governance Committee is a five-member committee elected by the DAO to represent GMX DAO on the Arbitrum governance forum. The GMX Governance committee begin it’s third iteration in Novembe… --- ## [GMX Listing Committee Season 4](https://gov.gmx.io/t/gmx-listing-committee-season-4/5050)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 5\ **Last updated:** [March 12, 2026, 5:48pm UTC](https://gov.gmx.io/t/gmx-listing-committee-season-4/5050 "2026-03-12T17:48:50Z")
Formation & Structure: The GMX Listing Committee is a three-member committee elected by the DAO to oversee the listing of new assets on the GMX platform. The committee began its third term on November 1st, 2025, followi… --- ## [PROPOSAL\] Hummingbot V2.1 Gateway Integration for GMX V2 (Async Python)](https://gov.gmx.io/t/proposal-hummingbot-v2-1-gateway-integration-for-gmx-v2-async-python/5047)
**Author:** [@IpezyGJ](https://gov.gmx.io/u/IpezyGJ)\ **Replies:** 2\ **Last updated:** [March 3, 2026, 3:24am UTC](https://gov.gmx.io/t/proposal-hummingbot-v2-1-gateway-integration-for-gmx-v2-async-python/5047 "2026-03-03T03:24:06Z")
\[PROPOSAL\] Hummingbot V2.1 Gateway Integration for GMX V2 (Async Python) Summary I’m proposing to build a native GMX V2 connector for the Hummingbot V2.1 Gateway. The goal is simple: provide a solid, asynchronous Pytho… --- ## [GMX BBD&B Proposal (2026)](https://gov.gmx.io/t/gmx-bbd-b-proposal-2026/5024)
**Author:** [@Edifier](https://gov.gmx.io/u/Edifier)\ **Replies:** 26\ **Last updated:** [March 2, 2026, 11:16am UTC](https://gov.gmx.io/t/gmx-bbd-b-proposal-2026/5024 "2026-03-02T11:16:08Z")
Revised & Improved Version Now that the GMX community has secured funding for GMX Labs for 2026 and 2027—supporting a planned capacity of 35–40 contributors (currently 30)—we can move on to securing GMX holders and addr… --- ## [Clarification Staker-Driven Trading Fee Discounts & Performance-Based Leaderboard Incentives](https://gov.gmx.io/t/clarification-staker-driven-trading-fee-discounts-performance-based-leaderboard-incentives/5038)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 3\ **Last updated:** [February 20, 2026, 1:28pm UTC](https://gov.gmx.io/t/clarification-staker-driven-trading-fee-discounts-performance-based-leaderboard-incentives/5038 "2026-02-20T13:28:09Z")
A recent \[Snapshot\] (vote titled Staker-Driven Trading Fee Discounts & Performance-Based Leaderboard Incentives) was posted without going through the standard proposal process (Phases 1–2) The intent and initiative behin… --- ## [A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery](https://gov.gmx.io/t/a-strategic-plan-to-neutralize-cex-supply-overhang-and-restore-gmx-price-discovery/5039)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 38\ **Last updated:** [February 19, 2026, 3:04am UTC](https://gov.gmx.io/t/a-strategic-plan-to-neutralize-cex-supply-overhang-and-restore-gmx-price-discovery/5039 "2026-02-19T03:04:16Z")
A Strategic Plan to Neutralize CEX Supply Overhang and Restore GMX Price Discovery Summary Despite BB&D successfully buying back over 2 million GMX — roughly equal to the total CEX + DEX circulating supply at the time of… --- ## [Marketing Funds to Promote GMX and to Test Trader Incentive Scheme 2.0](https://gov.gmx.io/t/marketing-funds-to-promote-gmx-and-to-test-trader-incentive-scheme-2-0/5016)
**Author:** [@Rob](https://gov.gmx.io/u/Rob)\ **Replies:** 18\ **Last updated:** [February 16, 2026, 3:19pm UTC](https://gov.gmx.io/t/marketing-funds-to-promote-gmx-and-to-test-trader-incentive-scheme-2-0/5016 "2026-02-16T15:19:35Z")
Funds Request for Multiple Upcoming Marketing and Incentive Scheme Activities Summary This proposal outlines a request for marketing funds to be made available to a GMX-controlled Multi-Sig to facilitate a trader-focused… --- ## [GMX Labs Funding Proposal (2026-2027)](https://gov.gmx.io/t/gmx-labs-funding-proposal-2026-2027/4979)
**Author:** [@coinflipcanada](https://gov.gmx.io/u/coinflipcanada)\ **Replies:** 33\ **Last updated:** [February 11, 2026, 8:40pm UTC](https://gov.gmx.io/t/gmx-labs-funding-proposal-2026-2027/4979 "2026-02-11T20:40:23Z")
PROPOSAL SUMMARY GMX Labs requests authorization for continued funding for 2026-2027 through a comprehensive two-year framework that includes operating funds and contributor tokens. The proposed plan implements floor and… --- ## [Pausing esGMX emissions for referrals](https://gov.gmx.io/t/pausing-esgmx-emissions-for-referrals/5030)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 4\ **Last updated:** [February 10, 2026, 8:33am UTC](https://gov.gmx.io/t/pausing-esgmx-emissions-for-referrals/5030 "2026-02-10T08:33:30Z")
At this stage, esGMX emissions for the referral program are being paused while other components of the marketing and growth strategy are implemented. Currently, the GMX referral program provides fee discounts to traders… --- ## [\[Proposal\] Dynamic BBD Adjustment - Capping APR and Accumulating Overhead](https://gov.gmx.io/t/proposal-dynamic-bbd-adjustment-capping-apr-and-accumulating-overhead/4914)
**Author:** [@Saulius](https://gov.gmx.io/u/Saulius)\ **Replies:** 80\ **Last updated:** [February 10, 2026, 4:53am UTC](https://gov.gmx.io/t/proposal-dynamic-bbd-adjustment-capping-apr-and-accumulating-overhead/4914 "2026-02-10T04:53:41Z")
Summary This proposal introduces a refinement to the Buyback & Distribute (BBD) mechanism to make it more sustainable and market-adaptive. The change would cap staking rewards at 10% APR, leaving any excess GMX on Fee H… --- ## [The Great Recovery: Restore, Reboot, & Accelerate GMX](https://gov.gmx.io/t/the-great-recovery-restore-reboot-accelerate-gmx/4955)
**Author:** [@BluBerri](https://gov.gmx.io/u/BluBerri)\ **Replies:** 17\ **Last updated:** [February 9, 2026, 7:59am UTC](https://gov.gmx.io/t/the-great-recovery-restore-reboot-accelerate-gmx/4955 "2026-02-09T07:59:46Z")
The Great Recovery: Restore, Reboot, & Accelerate GMX RESTORE: multiplier point incentives and eth dividends REBOOT: recognize the system has crashed into a downward spiral failure mode and mitigate accumulated/ongoi… --- ## [PROPOSAL: We urgently need BURNING!](https://gov.gmx.io/t/proposal-we-urgently-need-burning/4998)
**Author:** [@Nio](https://gov.gmx.io/u/Nio)\ **Replies:** 19\ **Last updated:** [February 4, 2026, 3:45pm UTC](https://gov.gmx.io/t/proposal-we-urgently-need-burning/4998 "2026-02-04T15:45:50Z")
Key data (verified) GMX market cap ~ $73.3M (circulating ~10.38M). Value accrual to GMX stakers: “earning 27% of fees” (GMX docs). Implementation detail: on V2 the 27% of fees is used to reacquire GMX and then di… --- ## [Exploring the Evaluation of a Proactive Smart Contract Security Layer to Complement GMX’s Existing Audits and Monitoring](https://gov.gmx.io/t/exploring-the-evaluation-of-a-proactive-smart-contract-security-layer-to-complement-gmx-s-existing-audits-and-monitoring/5028)
**Author:** [@OlympixSecurity](https://gov.gmx.io/u/OlympixSecurity)\ **Replies:** 3\ **Last updated:** [February 3, 2026, 8:42pm UTC](https://gov.gmx.io/t/exploring-the-evaluation-of-a-proactive-smart-contract-security-layer-to-complement-gmx-s-existing-audits-and-monitoring/5028 "2026-02-03T20:42:23Z")
TL;DR This proposal explores evaluating a proactive smart contract security layer to complement GMX’s existing audits and monitoring by applying continuous static analysis, unit test generation, mutation testing, and an … --- ## [Reverting back to Fee Payout In Eth](https://gov.gmx.io/t/reverting-back-to-fee-payout-in-eth/5017)
**Author:** [@ShoeStar](https://gov.gmx.io/u/ShoeStar)\ **Replies:** 12\ **Last updated:** [January 30, 2026, 6:23pm UTC](https://gov.gmx.io/t/reverting-back-to-fee-payout-in-eth/5017 "2026-01-30T18:23:48Z")
GMX community, This is meant as a constructive contribution to the discussion, not a critique of past decisions. One of the things that originally set GMX apart was how clear its value proposition was: the protocol gen… --- ## [\[MODIFIED\] Marketing Funds to Promote GMX and to Test Trader Incentive Scheme](https://gov.gmx.io/t/modified-marketing-funds-to-promote-gmx-and-to-test-trader-incentive-scheme/4986)
**Author:** [@Rob](https://gov.gmx.io/u/Rob)\ **Replies:** 43\ **Last updated:** [January 29, 2026, 2:56pm UTC](https://gov.gmx.io/t/modified-marketing-funds-to-promote-gmx-and-to-test-trader-incentive-scheme/4986 "2026-01-29T14:56:53Z")
Funds Request for Multiple Upcoming Marketing and Incentive Scheme Activities Summary This proposal outlines a request for marketing funds to be made available to a GMX-controlled Multi-Sig to facilitate a trader-focused… --- ## [Clarification on the PROPOSAL of BURNING Snapshot Vote](https://gov.gmx.io/t/clarification-on-the-proposal-of-burning-snapshot-vote/4999)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 2\ **Last updated:** [January 25, 2026, 6:28am UTC](https://gov.gmx.io/t/clarification-on-the-proposal-of-burning-snapshot-vote/4999 "2026-01-25T06:28:20Z")
A recent Snapshot vote titled PROPOSAL of BURNING was posted without going through the standard proposal process (Phases 1–2) and without following the Snapshot Phase 3 voting guidelines, keeping the Snapshot open for 3 … --- ## [The GMX Flywheel – Reigniting Growth, Volume, and Price Momentum](https://gov.gmx.io/t/the-gmx-flywheel-reigniting-growth-volume-and-price-momentum/4902)
**Author:** [@nxs](https://gov.gmx.io/u/nxs)\ **Replies:** 55\ **Last updated:** [January 21, 2026, 3:38am UTC](https://gov.gmx.io/t/the-gmx-flywheel-reigniting-growth-volume-and-price-momentum/4902 "2026-01-21T03:38:18Z")
TL;DR GMX has the best technology in DeFi, but the token has been stuck in reverse for two years. Let’s face it, we lost our mojo. This post kicks off a community-driven plan to turn things around — introducing a Price… [Next page](https://gov.gmx.io/c/proposals/5.md?page=1)