PANews reported on November 15 that according to official news, the dYdX community's proposal on "Restart and Revision of Incentive Plan" has been approved by on-chain voting. According to the proposal, this is a proposal to modify the dYdX incentive plan, which will last for 4 months, with $1.5 million per month and $6 million in DYDX tokens issued every quarter. 60% of the rewards will be allocated to market makers and 40% to traders, and the tracking API will be enhanced without a trading alliance.
dYdX community’s proposal on “incentive plan restart and revision” has been approved by on-chain voting
- 2024-11-19
dYdX Unlimited has officially launched, with new features including automated liquidity and yield tool MegaVault
- 2024-11-12
dYdX community votes to reduce trading rewards by 44%
- 2024-11-11
dYdX "Incentive Plan Restart and Revision" Proposal is now open for on-chain voting
- 2024-11-08
Alpha on Chain Mining P1: Interpreting SynFutures' Perp Launchpad, a new perpetual contract issuance model
- 2024-10-31
Daily increase of 1000%+? Perp DEX is also accelerating into the Meme track
- 2024-10-30
dYdX announces layoffs of 35% of core team members