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ETH $1,868.27 +0.26%
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TRX $0.3296 -0.15%
DOGE $0.0711 +2.76%
ADA $0.1647 +0.06%
BCH $209.88 -0.08%
LINK $8.38 -0.01%
HYPE $57.78 -1.72%
AAVE $91.92 -2.98%
SUI $0.7085 -1.45%
XLM $0.1784 +0.26%
ZEC $481.82 -2.91%

The dYdX community implemented a proposal for a market maker rebate program through a suggestion

2023-02-22 16:23:38
Collection

ChainCatcher news, dYdX tweeted that the community has passed a proposal to implement a market maker rebate program. The proposal suggests implementing the rebate program based on the percentage of market maker trading volume relative to the total trading volume on dYdX over a 30-day period to incentivize liquidity.

dYdX stated that this proposal is merely a suggestion, as dYdX cannot determine fees and rebates through governance. (source link)

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