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ETH $2,019.79 +0.14%
BNB $727.04 +8.04%
XRP $1.34 +0.28%
SOL $82.66 +0.45%
TRX $0.3484 +1.33%
DOGE $0.1008 +0.08%
ADA $0.2367 +0.70%
BCH $303.45 -0.12%
LINK $9.21 +0.50%
HYPE $68.18 +0.47%
AAVE $82.56 -0.34%
SUI $0.9022 +0.44%
XLM $0.2585 +3.52%
ZEC $550.72 +5.68%

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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