The proposal for "Restarting and Revising the Incentive Plan" by the dYdX community has been approved through on-chain voting
According to official news, the dYdX community's proposal on "Incentive Plan Restart and Revision" has been approved by on-chain voting. According to this proposal, it is a plan to modify the dYdX incentive program which lasts for 4 months with $1.5 million each month, distributing $6 million DYDX tokens every quarter. In the rewards distribution, 60% is allocated to market makers and 40% is given to traders. The tracking API has also been enhanced and there are no trading alliances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Japan Post Bank, Shinoken, and DeCurret DCP pilot tokenized deposit payments for real estate transactions
Data: US crypto-related stocks mostly rise in pre-market trading, Bitmine up 3.79%