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ETH $1,587.37 +0.60%
BNB $553.44 +0.36%
XRP $1.04 +0.19%
SOL $73.95 +2.70%
TRX $0.3195 -0.71%
DOGE $0.0724 -0.39%
ADA $0.1445 +0.15%
BCH $199.43 +2.85%
LINK $7.30 +0.10%
HYPE $66.34 +6.56%
AAVE $90.02 -3.86%
SUI $0.6942 +1.16%
XLM $0.1857 +7.69%
ZEC $399.41 +5.54%

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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