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ETH $1,916.02 +1.35%
BNB $588.89 +3.70%
XRP $1.09 +2.15%
SOL $74.51 +1.94%
TRX $0.3288 +0.87%
DOGE $0.0703 +0.42%
ADA $0.1729 +6.45%
BCH $219.31 +3.99%
LINK $8.47 +2.59%
HYPE $54.21 -0.89%
AAVE $99.03 +1.24%
SUI $0.6991 +2.27%
XLM $0.1724 +0.10%
ZEC $475.09 +2.47%

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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