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GM Labs is rolling out a GT airdrop for GMX stakers, rewarding average staked GMX over the snapshot window at a 1:1 ratio, with a ~100 GMX minimum.
GT Buyback Season 2 also begins: referral rewards remain at 50%â100% of GT earned by referees through trading, scaling with VIP tier. Referral quotas are the only route to sell GT into the buyback.
On GMTrade, buybacks will run daily, with ~99% of protocol fees now flowing into the buyback and ~1% going to LPs. LPs continue to earn GT through staking and benefit directly from the stronger buyback.