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BTC $62,893.97 -2.64%
ETH $1,834.28 -4.22%
BNB $568.75 -2.25%
XRP $1.08 -2.50%
SOL $74.63 -3.27%
TRX $0.3220 -0.67%
DOGE $0.0718 -3.00%
ADA $0.1590 -2.78%
BCH $222.63 -0.45%
LINK $8.19 -3.39%
HYPE $59.25 -11.17%
AAVE $90.94 -4.79%
SUI $0.7342 -2.47%
XLM $0.1834 -2.25%
ZEC $535.01 -5.60%

The dYdX community voted to approve the proposal to stake 20 million DYDX with Stride

2024-03-24 09:49:53
Collection

ChainCatcher message, the dYdX community has voted to approve the transfer of 20 million DYDX from the treasury to Stride for staking. A second proposal will be submitted to transfer 20 million DYDX to a community-owned cross-chain account. Additionally, a software upgrade proposal is underway on Stride to introduce a community pool fee rebate feature. This feature will allow the dYdX Chain community treasury to receive 2.5% of the USDC staking rewards.

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