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BTC $78,642.72 -0.41%
ETH $2,490.73 +0.20%
BNB $749.53 +0.87%
XRP $1.41 +1.30%
SOL $103.31 -0.02%
TRX $0.3390 +1.14%
DOGE $0.0896 -0.50%
ADA $0.2169 -0.86%
BCH $257.26 -0.42%
LINK $12.40 -1.98%
HYPE $85.25 +1.39%
AAVE $128.46 -2.13%
SUI $0.8083 -2.28%
XLM $0.1870 -1.32%
ZEC $1,183.55 +4.62%

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

2023-02-22 16:23:38

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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