GMX proposes emergency reserve fund for Phase 2 of market-making fund
Original headlineGMX, 시장조성 기금 2단계에 비상 예비금 제안
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GMX has posted a phase-two market-making fund governance proposal on the Tally platform, introducing a contingency reserve to back follow-on market-making activity. The move builds on GMX's earlier plan to establish a market-making fund seeded with $10 million of treasury capital. GMX token holders and governance delegates are eligible to vote, and holders can delegate voting power to active delegates. The proposal matters because it would formalize a standing reserve for liquidity provisioning rather than a one-off allocation, a structure that could shape how the decentralized exchange sustains depth across its markets. What to watch next is whether delegates turn out for the vote and whether the reserve is funded from the existing $10 million or requires fresh treasury commitments.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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GMX (GMX), Tally, Odaily
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