GMX DAO proposes $1 salary for CEO with token rewards tied to $100 and $1,000 price goals

GMX DAO has proposed a new incentive plan where the incoming CEO will earn a $1 annual salary, with up to 2 million GMX tokens awarded only if the token price hits $100 and $1,000 milestones. This performance-based compensation replaces traditional pay, aligning rewards strictly with community-defined price targets verified by Chainlink oracles. The plan aims to limit token dilution and motivate growth, with further governance proposals expected to finalize funding and execution details. Community response has been mostly positive, emphasizing the need for additional measures to ensure protocol success.