GMX has submitted a funding request for a total of 14 million ARB tokens to Arbitrum, with the aim of deepening DeFi activity and promoting ecological cooperation.

BlockBeats reported on September 28th that GMX submitted a detailed funding proposal to Arbitrum, with a focus on creating diversified perpetual and spot pools with high liquidity and capital efficiency. GMX requested that DAO representatives consider approving incentives of up to 12 million ARB tokens for its V2 version, as well as an additional 2 million ARB tokens for liquidity and trading volume plans for ecosystem partners building on GMX V2 but not directly receiving incentives from Arbitrum DAO. The proposal primarily focuses on converting CEX users into DEX users, promoting the development and integration of the Arbitrum protocol on GMX V2, targeting liquidity provision incentives, and cultivating an active on-chain trading environment.