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Data: DYDX accounting for 10% of the total supply has been bound to protect the dYdX chain, and the verifier’s APR exceeds 20%

Data: DYDX accounting for 10% of the total supply has been bound to protect the dYdX chain, and the verifier’s APR exceeds 20%

CointimeCointime2024/02/23 11:16
By:Cointime

David Gogel, Vice President of Strategy and Operations at dYdX Foundation, posted on social media that currently 100 million DYDX tokens (10% of the total supply) have been staked to protect the dYdX chain. Validators and stakers can currently earn an annualized return of 21.24% (7-day average).

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