GMX Launches Phase 2 Proposal for Market-Making Fund, Plans to Add Contingency Reserve

Odaily reports that the Phase 2 proposal for the GMX market-making fund has been launched on the governance platform Tally. The proposal plans to establish a dedicated Contingency Reserve to provide funding support for subsequent market-making activities. GMX token holders and governance delegates can now participate in voting, and holders may also delegate their voting rights to active delegates.