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BTC $63,260.59 +0.54%
ETH $1,891.22 +0.71%
BNB $603.28 -0.51%
XRP $0.9961 -0.20%
SOL $75.27 +0.14%
TRX $0.3322 +0.33%
DOGE $0.0701 +0.64%
ADA $0.1726 -1.73%
BCH $204.03 +0.20%
LINK $9.42 +0.32%
HYPE $59.15 +3.14%
AAVE $85.87 +0.16%
SUI $0.6739 -0.33%
XLM $0.1574 +0.41%
ZEC $509.03 +4.93%

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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