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ETH $1,583.18 -4.78%
BNB $581.99 -0.77%
XRP $1.10 -2.61%
SOL $63.25 -3.48%
TRX $0.3195 -1.49%
DOGE $0.0822 -1.89%
ADA $0.1593 -0.55%
BCH $224.31 +0.80%
LINK $7.44 -0.96%
HYPE $60.14 -2.36%
AAVE $62.01 -8.24%
SUI $0.7117 +1.91%
XLM $0.2044 +7.25%
ZEC $370.82 +21.08%

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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