MPs update
Based on the initial governance snapshot for updating MPs within the GMX ecosystem and the follow-on discussion below are the proposed options for implementation
Votes can be divided up between the 9 options below in the following groups.
Group One: Option 1 - 4 End MP Reward Group Two: Option 5 - 8 Adjust APR on MPs emission Group Three: Option 9
The grouping with the maximum votes will become the preferred option, with the highest voted option in that group being implemented
Prior Vote (https://snapshot.org/#/gmx.eth/proposal/0xe4dff0f4dde41f906c6f93eaf6406aa2b3a39aa12e15c6a5c4ea36eed6e37227
Discussion (https://gov.gmx.io/t/towards-addressing-the-question-of-mps-next-steps/3410)
Off-Chain Vote
End MP Reward
1.41M GMX37.2%
End MP Reward, 1 esGMX per 100MP
162.76K GMX4.3%
End MP Reward, 1 esGMX per 50 MP
1.77K GMX0%
End MP Reward, 1 esGMX per 25 MP
2.06M GMX54.6%
Set MP APR to 75%
3.53K GMX0.1%
Set MP APR to 50%
31.91 GMX0%
Set MP APR to 25%
710.37 GMX0%
Set MP APR to 0%
2.48K GMX0.1%
No Change
138.53K GMX3.7%
Timeline
May 03, 2024Proposal created
May 03, 2024Proposal vote started
May 08, 2024Proposal vote ended
May 08, 2024Proposal updated