Golden Finance reported that GMX has officially launched a community vote on the Arbitrum GLP recovery fund allocation plan on the Snapshot platform. The proposal is based on community feedback and aims to ensure that users can recover their funds and redeem the remaining GLP through allocation. The vote is scheduled to end on July 28th. GMX confirms that all funds of GLP, which were previously hacked, have been fully recovered from Arbitrarum and are currently being held by DAO awaiting allocation to liquidity providers in the Arbitrarum GLP vault. GMX V2 is not affected by this vulnerability.