The new proposed plan for dYdX will allocate 100% of net trading fees for DYDX buybacks, with an initial trial period of 3 months

ChainCatcher message, a new proposed proposal has appeared on the dYdX community forum, which includes using 100% of dYdX's net trading fees for DYDX token buybacks to enhance token value accumulation, with a plan for a three-month experimental trial.

Currently, the dYdX Chain allocates net trading fees as follows: 25% for DYDX buybacks, 40% for staking rewards for validators and stakers, 25% for Megavault liquidity, and 10% goes to the treasury. The proposal will be formally submitted on November 3.