If I understand correctly, the 1.2% is part of the 10% allocated to the treasury?
It seems it is a negociated deal with chainlink, I see it positively although I don’t have any benchmark on the industry standards. If we extrapolate the past 3M fees, it would amount to more than 2.5M$ for a year, not a bad deal for chainlink. I have a few questions though :
- How is the exclusivity going to work? How much time of exclusivity would GMX have?
- When is it going to be live also on other chains? And how is it going to impact launch on other chains if v2 if dependent on the feed ?
- Fee sharing with chainlink kicks in only when it is live ?