Recent reports from Golden Finance highlight GMX’s update to its Multiplier Points (MP) system on the X platform. As part of this update, the original MP has been converted into esGMX, with a conversion rate of 1 MP equivalent to 25 esGMX. An interesting aspect of this process is that the amount of esGMX received by users is determined based on their current average staked token quantity. The goal of this initiative is to enhance the platform’s functionalities and stimulate user engagement within the community ecology.