GMX Token Pools in GMX V2
This governance vote is for determining the potential listing of markets for the GMX token
The GMX token has Oracle feeds that have completed testing and are now available on Chainlink Data Streams’ Arbitrum deployment and will be deployed on Avalanche in June 2024. Chaos Labs has completed a review of the Oracle feeds and provided technical recommendations for initial listing parameters.
Governance Post and discussion on markets and listings https://gov.gmx.io/t/gmx-gmx/3459
Risk Parameter Recommendations https://www.notion.so/chaos-labs/EXT-New-Asset-Listings-GMX-302749a810d84ccfbe8ce0abacb096e1
Given the unique nature of markets backed by the native governance token of the protocol, this vote is being structured with ranked choice to give the risk committee authority both potential give authority to deploy and also prioritization for creating specific markets.
Options Create only GMX-USDC market (gmGMX) Create only GMX-GMX market (gmGMX+) Create GMX-USDC then GMX-GMX Create GMX-GMX then GMX-USDC Do not list GMX markets
Off-Chain Vote
Create only GMX-USDC market
8.84K GMX1.1%
Create only GMX-GMX market
1.43K GMX0.2%
Create GMX-USDC then GMX-GMX
777.76K GMX98.7%
Create GMX-GMX then GMX-USDC
266.8 GMX0%
Do not list GMX markets
11.52 GMX0%
Discussion
Timeline
May 17, 2024Proposal created
May 17, 2024Proposal vote started
May 23, 2024Proposal vote ended
May 23, 2024Proposal updated