Establish fee splits for GMX v2 based on the governance forum proposal and discussion (https://gov.gmx.io/t/gmx-v2-sustainable-development/2049)

Option One - Fund GMX Treasury

• An allocation of 10% of protocol fees for which GMX stakers & GM liquidity providers participate be allocated to the GMX Treasury
• This will assume the continuation of a 70:30 ratio between GMX stakers and liquidity providers to create an effective allocation for the protocolFee parameter of:
  • 10% distributed to the GMX Treasury
  • 63% distributed to liquidity providers in each specific liquidity pool
  • 27% distributed to a pool that goes to GMX stakers across all chains
• Chainlink oracles will be funded by a sub-allocation of the 10% GMX Treasury allocation

Option Two - Maintain Existing V1 Distribution

• The protocolFee parameter continues in the 70:30 from GMX v1
  • 70% distributed to liquidity providers in each specific liquidity pool
  • 30% distributed to a pool that goes to GMX stakers across all chains
• distribution pool for GMX stakers would be reduced by 1.2% of protocolFee towards Chainlink oracles for effective distribution of 28.8%

Example of fee distribution applied against a $200,000 position open, including a mapping against proposed contract parameters in V2.

Notes

1. if there is no allocation of a fee to the GMX treasury, the Chainlink Fee will be reduced from distribution to GMX Stakers following the prior governance vote (https://snapshot.org/#/gmx.eth/proposal/0x71cf8eefa2b242043e1335fbbe11c8830ff5a40c3ad067865eadea1312525769)
2. the Open / Close Fees of 0.06% are shown as an example; specific fees may be higher or lower for various markets, including based on the trade's impact in the particular pool.
3. Referral Fees shown are for Tier 1, but depending on Tiers, different referral/trader rebates are incurred.