GMX governance upgrade

Why MP was eliminated from voting power? Who decided this?

First DAO proposal from me will be to restate MP voting power back!

P.S. I invite MP supporters to select me as a delegate in advance :slight_smile:

I’m with you on this, Saulius !

Agree with you, lets bring this issue up.

How can we see the new token distribution, was there a snapshot date for who was eligible?

Any staked GMX or/and esGMX is eligible. Just stake/unstake/compound and GMX DAO tokens will be minted for you in sync with staked amounts. Biggest question for now is why MP was eliminated from governance suddenly? Although it has been used for gov voting in all 28 snapshot proposals from the beginning of GMX protocol.

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You have a point, but this was made known for awhile and MPs are still here.

Let’s see, maybe tally and other governance tools can get things on a smoother trajectory.

I would guess that if MP are scraped it would be harder to remove the GMXGov token if you distribute that now.

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Makes sense. But it should be switched on back straight after gov voting will decide to leave MP intact.

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Yeah mps show a continued loyalty to the platform and should be counted and in someway acknowledged

Hello GMX Community, I’m Elliot from Solidity Labs.

I’ve been a smart contract engineer for quite awhile. I’ve been fortunate to work with world class engineering teams and solve some of the hardest problems our industry faces. As a result of this experience, common patterns in governance systems and testing have emerged. These experiences and seeing common pitfalls in governance security lead me to create the forge proposal simulator, which is an open source, standardized toolkit that makes creating, validating and testing governance proposals much easier for developers.

It would be incredible to collaborate with GMX, using this tool to help eliminate entire categories of bugs in governance proposals. I know GMX is one of the most complex DeFi protocols with a large surface area and lots of lines of code. With this tool, you’ll be able to leverage your entire integration test suite to test against the system state after a proposal passes.

Feel free to view the forge proposal simulator docs on our website https://docs.soliditylabs.io/, or take a look through the source code directly on github GitHub - solidity-labs-io/forge-proposal-simulator: Standard way to simulate governance actions from a timelock, multisig, or DAO. and see our examples. GitHub - solidity-labs-io/fps-example-repo: Forge Proposal Simulator Example Repository

If your team needs help integrating or has questions, please do not hesitate to get in touch.

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