# Proposals **URL:** https://gov.gmx.io/c/proposals/5.md?page=1 [Latest](https://gov.gmx.io/latest.md) · [Categories](https://gov.gmx.io/categories.md) · [Tags](https://gov.gmx.io/tags.md) **Page:** 2 --- ## [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… --- ## [Sunset GMX and Distribute Treasury to Token Holders](https://gov.gmx.io/t/sunset-gmx-and-distribute-treasury-to-token-holders/4973)
**Author:** [@nxs](https://gov.gmx.io/u/nxs)\ **Replies:** 19\ **Last updated:** [January 15, 2026, 12:24am UTC](https://gov.gmx.io/t/sunset-gmx-and-distribute-treasury-to-token-holders/4973 "2026-01-15T00:24:10Z")
It’s time to make hard decisions. GMX is rudderless. No leadership. NO bid for the token. Loss of marketshare, OI, volume, business development, PR, and social attention. We can’t compete with the status quo. One more c… --- ## [Proposal for Fees Rebate Incentive Program (December to March 2026)](https://gov.gmx.io/t/proposal-for-fees-rebate-incentive-program-december-to-march-2026/4930)
**Author:** [@0xjunwei](https://gov.gmx.io/u/0xjunwei)\ **Replies:** 17\ **Last updated:** [January 1, 2026, 8:28am UTC](https://gov.gmx.io/t/proposal-for-fees-rebate-incentive-program-december-to-march-2026/4930 "2026-01-01T08:28:59Z")
Introduction This proposal acts as an supplement to the forthcoming Treasury Committee proposal, which will be submitted by Saurabh following the committee’s formation. This proposal formally requests the treasury commit… --- ## [Clarification on the Auto Compound GMX Staking Reward Snapshot Vote](https://gov.gmx.io/t/clarification-on-the-auto-compound-gmx-staking-reward-snapshot-vote/4908)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 3\ **Last updated:** [December 26, 2025, 8:53am UTC](https://gov.gmx.io/t/clarification-on-the-auto-compound-gmx-staking-reward-snapshot-vote/4908 "2025-12-26T08:53:29Z")
A recent Snapshot vote titled Auto Compound GMX Staking Reward was posted without going through the standard proposal process (Phases 1–2) and without following the Snapshot Phase 3 voting guidelines, keeping the Snapsho… --- ## [GMX V2 Deployment on MegaETH - Proposal](https://gov.gmx.io/t/gmx-v2-deployment-on-megaeth-proposal/4954)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 15\ **Last updated:** [December 18, 2025, 2:04pm UTC](https://gov.gmx.io/t/gmx-v2-deployment-on-megaeth-proposal/4954 "2025-12-18T14:04:58Z")
Proposal Overview This proposal seeks to gauge the GMX community’s interest in deploying GMX V2 on MegaETH — positioned as the Ethereum Layer 2 designed to unlock ultra-low latency trading experiences. This proposal outl… --- ## [Proposal for Committee Payments](https://gov.gmx.io/t/proposal-for-committee-payments/4932)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 9\ **Last updated:** [December 9, 2025, 4:40am UTC](https://gov.gmx.io/t/proposal-for-committee-payments/4932 "2025-12-09T04:40:25Z")
Overview The GMX DAO recently elected three committees Governance, Listing, and Security to support critical functions within the GMX ecosystem. This proposal seeks approval for the payment of these committee members ov… --- ## [Bootstrapping GMX–USDC Liquidity for GMX-Solana](https://gov.gmx.io/t/bootstrapping-gmx-usdc-liquidity-for-gmx-solana/4923)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 21\ **Last updated:** [December 3, 2025, 10:21am UTC](https://gov.gmx.io/t/bootstrapping-gmx-usdc-liquidity-for-gmx-solana/4923 "2025-12-03T10:21:15Z")
Summary Following the community discussion and the Snapshot vote held in November 2024, the GMX community has approved providing initial liquidity for GMX-Solana. With the GMX bridge now live and operational, this propos… --- ## [Transfer of GMX from Arbitrum Treasury to GMX Solana for GMX-USDC Liquidity](https://gov.gmx.io/t/transfer-of-gmx-from-arbitrum-treasury-to-gmx-solana-for-gmx-usdc-liquidity/4922)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 5\ **Last updated:** [December 1, 2025, 6:20am UTC](https://gov.gmx.io/t/transfer-of-gmx-from-arbitrum-treasury-to-gmx-solana-for-gmx-usdc-liquidity/4922 "2025-12-01T06:20:04Z")
Summary This proposal seeks approval to transfer of 27,822 GMX from the GMX Timelock Multi-Sig to the GMX Solana EVM Multi-Sig. These tokens were originally purchased in April 2025 to support the launch and bootstrap the… --- ## [Proposal to distribute the Retention Incentives for users who held their GLV received as part of the GLP Distribution Plan](https://gov.gmx.io/t/proposal-to-distribute-the-retention-incentives-for-users-who-held-their-glv-received-as-part-of-the-glp-distribution-plan/4926)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 5\ **Last updated:** [November 25, 2025, 2:03pm UTC](https://gov.gmx.io/t/proposal-to-distribute-the-retention-incentives-for-users-who-held-their-glv-received-as-part-of-the-glp-distribution-plan/4926 "2025-11-25T14:03:52Z")
Summary This proposal outlines the final steps for distributing funds to GLP holders affected by the previously disclosed vulnerability in the Arbitrum GMX V1 deployment. It seeks GMX DAO approval to allocate $500,000 f… --- ## [\[Modified\] Proposal to authorize buybacks for points program to improve Open Interest](https://gov.gmx.io/t/modified-proposal-to-authorize-buybacks-for-points-program-to-improve-open-interest/4915)
**Author:** [@0xjunwei](https://gov.gmx.io/u/0xjunwei)\ **Replies:** 39\ **Last updated:** [November 13, 2025, 4:10am UTC](https://gov.gmx.io/t/modified-proposal-to-authorize-buybacks-for-points-program-to-improve-open-interest/4915 "2025-11-13T04:10:14Z")
This proposal seeks DAO approval to: An Amendment to this proposal has been posted below: Modified the following Execute purchases via TWAP-style execution using: 416,666 USD per month into buyback bot (Modified ver… --- ## [GMX: Introducing Global Hedge Vault (GHV) for Eliminating Impermanent Loss](https://gov.gmx.io/t/gmx-introducing-global-hedge-vault-ghv-for-eliminating-impermanent-loss/4780)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 23\ **Last updated:** [November 8, 2025, 1:04am UTC](https://gov.gmx.io/t/gmx-introducing-global-hedge-vault-ghv-for-eliminating-impermanent-loss/4780 "2025-11-08T01:04:37Z")
Background In the current GM/GLV structure, LPs earn trading fees and borrowing fees but also bear directional PnL risk from traders. This behaves similar to impermanent loss: When traders are profitable overall, LP r… --- ## [\[Proposal\] A step forward innovation and integration : GMX Wallet](https://gov.gmx.io/t/proposal-a-step-forward-innovation-and-integration-gmx-wallet/4921)
**Author:** [@Harrybo](https://gov.gmx.io/u/Harrybo)\ **Replies:** 5\ **Last updated:** [November 7, 2025, 11:13am UTC](https://gov.gmx.io/t/proposal-a-step-forward-innovation-and-integration-gmx-wallet/4921 "2025-11-07T11:13:04Z")
Hello everybody. This small post follows some talks on Telegram with Alina and Jayski. We were discussing the potential idea of a GMX chain as the next step for GMX. My personal take is that a GMX chain would drain a l… --- ## [\# GMX Treasury — Three-Fund Architecture, esGMX-Only Discounts (up to −80%), and 50/50 Fee Distribution](https://gov.gmx.io/t/gmx-treasury-three-fund-architecture-esgmx-only-discounts-up-to-80-and-50-50-fee-distribution/4880)
**Author:** [@gmboop](https://gov.gmx.io/u/gmboop)\ **Replies:** 7\ **Last updated:** [October 29, 2025, 5:26am UTC](https://gov.gmx.io/t/gmx-treasury-three-fund-architecture-esgmx-only-discounts-up-to-80-and-50-50-fee-distribution/4880 "2025-10-29T05:26:39Z")
GMX Treasury — Three-Fund Architecture, esGMX-Only Discounts (up to −80%), and 50/50 Fee Distribution (TL;DR) Split the Treasury into three funds with clear routing: GMX Reserve — maintain a GMX:esGMX target mix (defau… --- ## [Proposal: Redirect 27% Buyback & Distribution Fees Toward GM GMX-USD Pool and Trader Incentives](https://gov.gmx.io/t/proposal-redirect-27-buyback-distribution-fees-toward-gm-gmx-usd-pool-and-trader-incentives/4901)
**Author:** [@Harrybo](https://gov.gmx.io/u/Harrybo)\ **Replies:** 12\ **Last updated:** [October 29, 2025, 5:26am UTC](https://gov.gmx.io/t/proposal-redirect-27-buyback-distribution-fees-toward-gm-gmx-usd-pool-and-trader-incentives/4901 "2025-10-29T05:26:18Z")
Summary This proposal suggests modifying the current tokenomics distribution by redirecting the 27% of protocol revenue currently used for GMX buyback and distribution toward the GM GMX-USD pool, with the USD yield from … --- ## [Referral code system redesign - Guilds and parameter changes](https://gov.gmx.io/t/referral-code-system-redesign-guilds-and-parameter-changes/4830)
**Author:** [@Rob](https://gov.gmx.io/u/Rob)\ **Replies:** 6\ **Last updated:** [October 28, 2025, 9:10am UTC](https://gov.gmx.io/t/referral-code-system-redesign-guilds-and-parameter-changes/4830 "2025-10-28T09:10:10Z")
Evolve GMX Referral Program into Community-Driven Trading Guilds Summary This proposal aims to socialize the GMX referral system by rebranding a referral code as a “Guild”—community-driven referral cohorts that enable de… --- ## [GLP V1 Arbitrum - Distribution Plan](https://gov.gmx.io/t/glp-v1-arbitrum-distribution-plan/4748)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 31\ **Last updated:** [October 19, 2025, 3:01am UTC](https://gov.gmx.io/t/glp-v1-arbitrum-distribution-plan/4748 "2025-10-19T03:01:50Z")
Distribution Plan Thank you to all community members and delegates who participated in the Snapshot vote about the Distribution plan for recovered funds from Arbitrum GLP. A majority of the participating tokenholders c… --- ## [Whitelist Request: AIFuturesTradingBot (Arbitrum) Owned by my EOA](https://gov.gmx.io/t/whitelist-request-aifuturestradingbot-arbitrum-owned-by-my-eoa/4879)
**Author:** [@ProProcastinator](https://gov.gmx.io/u/ProProcastinator)\ **Replies:** 7\ **Last updated:** [October 9, 2025, 8:45pm UTC](https://gov.gmx.io/t/whitelist-request-aifuturestradingbot-arbitrum-owned-by-my-eoa/4879 "2025-10-09T20:45:41Z")
Hey GMX Team :waving\_hand: I’m requesting whitelist approval for my verified smart contract AIFuturesTradingBot deployed on Arbitrum One. The contract is built to trade safely through GMX V2 using the official Exchange… --- ## [Introduce discount on fees for holding/staking GMX](https://gov.gmx.io/t/introduce-discount-on-fees-for-holding-staking-gmx/407)
**Author:** [@GMX-intern](https://gov.gmx.io/u/GMX-intern)\ **Replies:** 34\ **Last updated:** [October 6, 2025, 4:46pm UTC](https://gov.gmx.io/t/introduce-discount-on-fees-for-holding-staking-gmx/407 "2025-10-06T16:46:19Z")
Proposal to implement fee discounts for holding/staking GMX: this will bring more utility to GMX while making the exchange more competitive and attractive for large traders. This idea has been discussed several times alr… --- ## [GMX Governance Committee Season 3](https://gov.gmx.io/t/gmx-governance-committee-season-3/4857)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 4\ **Last updated:** [October 2, 2025, 9:34am UTC](https://gov.gmx.io/t/gmx-governance-committee-season-3/4857 "2025-10-02T09:34:24Z")
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 functioning in October 2024 and… --- ## [GMX Listing Committee Season 3](https://gov.gmx.io/t/gmx-listing-committee-season-3/4856)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 10\ **Last updated:** [October 1, 2025, 9:27am UTC](https://gov.gmx.io/t/gmx-listing-committee-season-3/4856 "2025-10-01T09:27:19Z")
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 second term on May 1st, 2024, following t… --- ## [Make v2 the most audited project ever](https://gov.gmx.io/t/make-v2-the-most-audited-project-ever/4663)
**Author:** [@yellow](https://gov.gmx.io/u/yellow)\ **Replies:** 9\ **Last updated:** [September 30, 2025, 4:16am UTC](https://gov.gmx.io/t/make-v2-the-most-audited-project-ever/4663 "2025-09-30T04:16:05Z")
As a user of GMX since day 1, now with most of my LP activity in V2, I think GMX should simultaneously engage several of the best auditors on V2 (maybe like Trail of Bits, OZ, ChainSecurity, etc.). Everything ends well … --- ## [GMX Security Committee Season 3](https://gov.gmx.io/t/gmx-security-committee-season-3/4855)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 6\ **Last updated:** [September 23, 2025, 2:24pm UTC](https://gov.gmx.io/t/gmx-security-committee-season-3/4855 "2025-09-23T14:24:06Z")
Formation & Structure The GMX Security Committee plays a critical role within the GMX DAO, ensuring the security, integrity, and proper functioning of the GMX protocol. As a direct expression of community trust, its fiv… --- ## [Proposal: Seasonal Trading Points with Treasury-Funded GMX Airdrops](https://gov.gmx.io/t/proposal-seasonal-trading-points-with-treasury-funded-gmx-airdrops/4873)
**Author:** [@Harrybo](https://gov.gmx.io/u/Harrybo)\ **Replies:** 5\ **Last updated:** [September 22, 2025, 10:01pm UTC](https://gov.gmx.io/t/proposal-seasonal-trading-points-with-treasury-funded-gmx-airdrops/4873 "2025-09-22T22:01:38Z")
Proposal: Seasonal Trading Points with Treasury-Funded GMX Airdrops Summary This proposal suggests introducing a Seasonal Trading Points system, where users accumulate points through trading activity over a defined seas… --- ## [Proposal: Treasury Swap to Support GMX Solana Expansion](https://gov.gmx.io/t/proposal-treasury-swap-to-support-gmx-solana-expansion/4815)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 6\ **Last updated:** [September 20, 2025, 4:44am UTC](https://gov.gmx.io/t/proposal-treasury-swap-to-support-gmx-solana-expansion/4815 "2025-09-20T04:44:55Z")
Summary This proposal is based on the discussion on Supporting GMX Solana Expansion via Monthly GT Token Treasury Swap and as next steps now seeks the DAO’s approval for a recurring monthly treasury swap, Under this pro… --- ## [GMX: Increasing Buyback & Distribute Fee Coverage from 27% to 90%](https://gov.gmx.io/t/gmx-increasing-buyback-distribute-fee-coverage-from-27-to-90/4175)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 56\ **Last updated:** [September 1, 2025, 10:00am UTC](https://gov.gmx.io/t/gmx-increasing-buyback-distribute-fee-coverage-from-27-to-90/4175 "2025-09-01T10:00:30Z")
Background: Over the past 30 days, GMX’s buyback has yielded impressive results: Total GMX Bought Back: 103,764 GMX (5% of circulating supply) Total Value: $3,341,200 While favorable market conditions make it cha… --- ## [Discussion: Supporting GMX Solana Expansion via Monthly GT Token Treasury Swap](https://gov.gmx.io/t/discussion-supporting-gmx-solana-expansion-via-monthly-gt-token-treasury-swap/4762)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 31\ **Last updated:** [August 28, 2025, 3:53pm UTC](https://gov.gmx.io/t/discussion-supporting-gmx-solana-expansion-via-monthly-gt-token-treasury-swap/4762 "2025-08-28T15:53:24Z")
History GMX Solana was started from a community discussion initiated by Q on the GMX forums in May 2024. After extensive discussion, the proposal received strong community backing, leading to DAO support, including fund… --- ## [Updating Price Impact Buckets](https://gov.gmx.io/t/updating-price-impact-buckets/4795)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 11\ **Last updated:** [August 18, 2025, 11:02am UTC](https://gov.gmx.io/t/updating-price-impact-buckets/4795 "2025-08-18T11:02:38Z")
Executive Summary Following the successful deployment of GMX V2.2, this proposal recommends transferring to the GMX DAO Treasury the accumulated Price Impact Buckets from the GM pools that are in surplus to their isolate… --- ## [GLP Distribution: Option to Receive USDC Instead of GLV](https://gov.gmx.io/t/glp-distribution-option-to-receive-usdc-instead-of-glv/4729)
**Author:** [@Saurabh](https://gov.gmx.io/u/Saurabh)\ **Replies:** 19\ **Last updated:** [August 15, 2025, 2:31pm UTC](https://gov.gmx.io/t/glp-distribution-option-to-receive-usdc-instead-of-glv/4729 "2025-08-15T14:31:05Z")
The GMX community voted to distribute the GLP distribution in the form of GLV. Contracts have been prepared, funds are being prepared for distribution and an interface for claiming is being finalized. With approval from… --- ## [GMXSOL: Provide GT rewards to LPs](https://gov.gmx.io/t/gmxsol-provide-gt-rewards-to-lps/4719)
**Author:** [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Replies:** 10\ **Last updated:** [August 8, 2025, 11:51am UTC](https://gov.gmx.io/t/gmxsol-provide-gt-rewards-to-lps/4719 "2025-08-08T11:51:04Z")
Background Since the base APY for LPs is currently low, it’s difficult to achieve meaningful TVL growth. To increase LP earnings and encourage long-term liquidity provision, we plan to introduce a tiered GM/GLV reward m… [Previous page](https://gov.gmx.io/c/proposals/5.md) [Next page](https://gov.gmx.io/c/proposals/5.md?page=2)