The dYdX community voted to approve the proposal to increase the "protocol fee buyback ratio from 25% to 75%."
The decentralized trading platform dYdX announced that, based on the results of a community vote, it will increase the proportion of protocol fees used for repurchasing $DYDX tokens from 25% to 75%. This policy has taken effect today, meaning that 75% of the fees collected by the protocol will be directly used to repurchase DYDX tokens on the open market.
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