# \[GMLabs-003\] Solana Revenue Buybacks and 180-Day Unstaking Timelock **URL:** \ **Category:** Proposals\ **Tags:** governance\ **Created:** [October 21, 2026, 2:07pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179 "2026-10-21T14:07:59Z")\ **Posts on this page:** 9\ **Page:** 1
**Author:** ![gmsolq](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/gmsolq/32/1307_2.png) [@gmsolq](https://gov.gmx.io/u/gmsolq)\ **Post date:** [October 21, 2026, 2:07pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/1 "2026-10-21T14:07:59Z")
**Summary** To better unify GMX’s fee structure across the protocol and reward loyal users, two changes are planned to take effect on October 28: - All remaining Solana-side protocol revenue after GT buybacks will be used to buy back GMX, with the purchased GMX added to the staking rewards pool - A 180-day unstaking timelock for GMX and esGMX on Arbitrum and Avalanche **Background** Following the consolidation outlined in GMLabs-001, GMX operates as one unified protocol. The next step is to further align its fee structure and rewards across ecosystems. These changes are intended to connect Solana-side activity to GMX staking rewards and strengthen incentives for users who remain committed to the protocol. **Solana Revenue Buybacks** GMX plans to begin directing all remaining Solana-side protocol revenue after GT buybacks toward GMX buybacks on October 28. All purchased GMX will be added to the staking rewards pool. GT buybacks will continue, while the remaining protocol revenue will support GMX buybacks and staking rewards, further aligning Solana-side activity with the unified GMX protocol. **180-Day Unstaking Timelock** A 180-day unstaking timelock is planned to take effect on October 28. Once effective, users will need to submit an unstaking request and wait 180 days before withdrawing their staked GMX or esGMX. - Scope: existing and new GMX and esGMX staking positions on Arbitrum and Avalanche - Timelock: 180 days from submission of the unstaking request - Staking Power: submitting an unstaking request remains subject to the existing 80% rule for forfeiture of Staking Power and eligibility for associated rewards - Cancellation: pending unstaking requests can be cancelled No on-chain staking rewards are currently distributed. Time already spent staking before submitting a request does not count toward the timelock. Existing staking positions do not require migration. **Timeline** This proposal is being announced on October 21, with October 28 as the planned effective date, subject to implementation readiness. ---
**Author:** ![owowow](https://avatars.discourse-cdn.com/v4/letter/o/a5b964/32.png) [@owowow](https://gov.gmx.io/u/owowow)\ **Post date:** [October 22, 2026, 10:24am UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/2 "2026-10-22T10:24:19Z")
Will this proposal be put to a vote? If not, why? I sure token holders have questions about the 180-day unstaking timelock. ---
**Author:** ![new\_hugo](https://avatars.discourse-cdn.com/v4/letter/n/4bbf92/32.png) [@new\_hugo](https://gov.gmx.io/u/new_hugo)\ **Post date:** [October 22, 2026, 1:21pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/3 "2026-10-22T13:21:51Z")
It’s really a bad idea to introduce such a ridiculous long unstaking timelock. ---
**Author:** ![Etereal](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@Etereal](https://gov.gmx.io/u/Etereal)\ **Post date:** [October 22, 2026, 7:01pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/4 "2026-10-22T19:01:17Z")
Why are GMX’s most committed holders being treated the worst? Stakers are this protocol’s strongest supporters, yet each change leaves them worse off. First, staking rewards were suspended until the price reaches $90, roughly a 10x from here. Now a six-month lock is proposed on top of that. It would tie up about half the GMX supply, worth around $45M. A change this big deserves proper notice, open debate and a vote. Instead we get 7 days and no vote at all. So what is the point of staking? Stakers get no say in decisions and face worse terms than non-stakers. Non-stakers benefit from the same buybacks with no lock at all. ---
**Author:** ![Forester](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/forester/32/1881_2.png) [@Forester](https://gov.gmx.io/u/Forester)\ **Post date:** [October 22, 2026, 7:45pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/5 "2026-10-22T19:45:47Z")
Your recent decisions give me the impression that you’re deliberately pushing GMX holders to give up their tokens in order to consolidate control over the protocol. How is this supposed to benefit long-term holders? ---
**Author:** ![MJP](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/mjp/32/2022_2.png) [@MJP](https://gov.gmx.io/u/MJP)\ **Post date:** [October 23, 2026, 3:26am UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/6 "2026-10-23T03:26:38Z")
Completely agree with the sentiment here. What exactly is the point of holding GMX anymore? We aren’t given rewards, just some hopium that in the future when the price 10x we will get something. Now we are locked in for half a year? Can someone please explain how this incentivizes people to use this platform, purchase GMX and hold it long term? ---
**Author:** ![Harrybo](https://avatars.discourse-cdn.com/v4/letter/h/bc79bd/32.png) [@Harrybo](https://gov.gmx.io/u/Harrybo)\ **Post date:** [October 23, 2026, 7:49am UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/7 "2026-10-23T07:49:53Z")
Q, could you expend on the fact we have now two tokens on a merge structure ? I dont see the point of it, only negative sides. The more time passes, the more it will be confusing for people. Gt was introduced as a separate token for a separate project; now merge is happening, it will split the LPs, buybacks, rewards… Shouldnt we remove it before TGE happens and not having this issue later on ? Like, buyback full gmx and giving gmx for GT holders now ? Having two tokens never profited a protocol. I’d like your input on that. Thanks for your work. ---
**Author:** ![Jonezee](https://sea2.discourse-cdn.com/flex020/user_avatar/gov.gmx.io/jonezee/32/1238_2.png) [@Jonezee](https://gov.gmx.io/u/Jonezee)\ **Post date:** [October 23, 2026, 1:02pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/8 "2026-10-23T13:02:33Z")
The Solana-revenue-driven buybacks add additional GMX to the reward pool for Stakers, so that’s an obvious benefit. But yes, it does require the long-term conviction that $GMX can return to its all-time high. ---
**Author:** ![WIP](https://avatars.discourse-cdn.com/v4/letter/w/8edcca/32.png) [@WIP](https://gov.gmx.io/u/WIP)\ **Post date:** [October 23, 2026, 6:38pm UTC](https://gov.gmx.io/t/gmlabs-003-solana-revenue-buybacks-and-180-day-unstaking-timelock/5179/9 "2026-10-23T18:38:27Z")
Wow, this is wild. - Such a short notice period on such an impactful decision - No message about it on Discord - If people don’t like not having the optionality to unlock, they have to give up on all accrued rewards - It goes into effect a few days before the end of the airdrop period. You will receive no airdrop, if you unstake prior to month end Questions: - Where will the Solana revenue driven buybacks come from. GMLabs-002 explained that 99% of revenue goes towards buybacks and the remaining 1% to LPs - We still have no clue about how the protocol is doing financially. Can we please get the opex figure prior to such an important change again.