Gmx v2: sustainable development

Before redirecting any new fees to treasure first we need transparency and accountability for past period. After many complains in the past we still don’t have any clear understanding and report of current treasury state. Just few random questions from my mind:

  • How many GMX/esGMX was already issued/left from total 13.25M in all tranches from tokenomics?
  • What it state and valuation of “price floor fund”? (value in UI is still just static figures)
  • How many GMX and ETH we gained from uniswap v3 LP and how we will spend them? ( ~$5M)
  • How many GMX bonds sales left and how proceeds (~$6.3M) from past sales were spent?
  • What is state of esGMX swaps with partner protocols and how many rewards we are generating from staking they tokens?
  • What is official stance about future use of 8M aidroped ARB tokens from treasure?
  • Etc, etc…

So my wish is not to rush with such proposals and not to fail like Arbitrum with it’s AIP-1. It’s better to be late than sorry.

6 Likes