dYdX: New proposal to "allocate 75% of protocol revenue for DYDX buyback" begins voting
On November 12, it was announced that the dYdX Foundation has launched a vote on the new proposal "Adjusting dYdX Protocol Revenue Distribution." The proposal includes the following distribution of current protocol revenue on dYdX Chain: 75% for DYDX buyback, 5% for Megavault liquidity, and 5% to the treasury.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The US stock market rebound is fragile, with the number of S&P 500 stocks hitting new lows increasing.
BNB treasury company Nano Labs announces early repayment of convertible bonds to strengthen risk management
Japan's first yen stablecoin issuer JPYC may become a new force in the government bond market
Bitget CEO tells Bloomberg that macro policies in December will determine the direction of the crypto market
