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Odaily News reports that GMX has announced two important governance proposals on Snapshot. These votes involve updating the maximum leverage parameters on GMX and establishing a GMX token pool and market on GMX V2. The governance vote to establish a GMX token pool and market on GMX V2 is to determine the potential listing of the GMX token on the market. The Oracle feeds for the GMX token have been tested and will be deployed on Avalanche in June 2024. The voting options include creating different GMX markets such as GMX-USDC market or GMX-GMX market.

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