To that end, do we have a good sense for whether fee discounts for holding/staking GMX is the best mechanism to accomplish those goals above?
that’s a good point, agree that we should evaluate it those alternative usages
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Does this factor user growth tho? Looks like steady state analysis. But the whole point of rebates is to attract new users by a better product - esp. those that know the market place.
IMO GMX needs to beat Binance, FTX and DYDX on fees. If it can, user growth will be epic. A 1000% user growth trumps the above metric on steady state.
Yup, I think we would want to evaluate the impact of the fee change on volume, as you mentioned it may be worth the change overall.
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It is nice,I like to it
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This is good idear ,I like it
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Are these two bots…?
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Either bots or simply could be the average quality of contributions on defi governance forums. Can’t tell 
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this old discussion somehow died but it would be good thing to revive this
coming out of nowhere, this could be a suggested implementation
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Thanks for resurrecting. This concept of trading fee discounts through staking GMX tokens is still something many contributors are eager to introduce.
Offering a 40% max discount may be excessive, but it’s a good starting proposal 
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it will be hard for more than 10 addresses to acquire enough GMX to get the 40% discount 
and with this investment from them we can expect that they would trade with much more volume
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Add 500, 5000, 25000, 50000, 250 000 between the levels and it looks good.
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Discount also means the income of LPs and stakers decrease. If discount cannot increase a considerable trading volume, the result maybe becomes worse than today – trading volume doesn’t increase and income of LPs and stakers decrease, and then some LPs and stakers leave.
so, estimate the risk and then to decide how many discount is reasonable. Otherwise, do more maybe means wrong more.
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how can assure the discount will do good to GMX instead of harm? This question is the key to decide if discount is a good idea.
There’s a natural elasticity between trading fee levels and trading volume levels. Decreasing trading costs lowers the barrier to trade, the only question is where the ideal balance is.
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If the goal is organic trader onboarding, an alternative lever that feels higher-signal to me is: prepare a GMX–WETH/USDC pool on Aerodrome (Base) once the canonical GMX-on-Base path is finalized, and direct AERO emissions there. That gives us Base discoverability and emissions-driven liquidity without rewriting fee logic.
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