The dYdX community voted to approve the proposal "dYdX Foundation applies to DAO for a $30 million operating budget."
ChainCatcher news, the dYdX community voted to approve the proposal "dYdX Foundation requests a $30 million operating budget from the DAO over three years."
Previously reported, the dYdX Foundation seeks $30 million in funding from the DAO to be used over the next three years. If dYdX token holders (voters in the DAO) approve, it will reward the foundation with 4% of the current treasury of the DAO. When the foundation first shared this request last Friday, it received broad support from dYdX stakeholders (from validators to representatives). Voting will continue until February 2.
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