GMX mounts rally as projects reevaluate effectiveness of buybacks

The native token of GMX, the decentralized perpetuals exchange built on Arbitrum, is in the middle of a rally after its governing body approved an overhaul of its buyback strategy over “limited effectiveness. ” The overhaul follows a public admission that its two years of token buybacks have done little to move the market. The token […] source: https://www.cryptopolitan.com/gmx-rally-projects-reevaluate-buybacks/