GMX 🫐 (@GMX_IO): GMX Buy-Wall Floor — Active March 18–25

GMX Buy-Wall Floor — Active March 18–25 The liquidity consolidation outlined in the 'Strategic Plan to Restore Price Discovery' has been successfully executed. Additionally, GMX buybacks have transitioned to CEXes, where they’re now constantly ongoing. As outlined in the same proposal, the Treasury will deploy a buy wall of 1 million GMX tokens at a price of $5, to absorb any extreme supply overhang and potentially accumulate GMX at a low cost. This buy-wall floor has been established and will remain active during the upcoming weekly epoch (March 18–25). If GMX trades at or below $5.00, buys will be directly initiated across both onchain and CEX venues. Funds were authorized via Tally vote and are securely held in the GMX multi-sig wallet that handles Protocol-Owned Liquidity. An iceberg order is now active on CEXs and will be supplemented if the $5 floor price is reached. Onchain execution will run in parallel. The March 18–25 timeframe conveniently aligns with the next scheduled weekly window (the 7-day epoch, starting on Wednesday).