dYdX's proposal to pledge 20 million tokens to Stride has been approved
Stride, a liquidity staking protocol in the Cosmos ecosystem, announced that dYdX proposed to pledge 20 million DYDX tokens to Stride and was approved with 91.7% of the votes in favor.
dYdX founder: Smart contracts, permissionless listing and other features will be launched in the coming months
dYdX founder Antonio announced on the X platform that intelligent contracts, AMM treasury, permissionless coin market, and pre-launch market functions will be launched in the coming months.
dYdX: Expect delays and potential downtime on April 8 due to dYdX Chain v4.0 software upgrade
dYdX announced on social media that due to the implementation of the dYdX Chain v4.0 software upgrade, there may be delays and potential downtime from 8:00-9:00 UTC on April 8th (may vary).
dYdX operating trust to transform into Cayman Islands Foundation Company
dYdX Foundation announced on the X platform that the dYdX community has voted to support the transformation of the dYdX operating trust fund into a Cayman Islands Foundation Company, with a final support rate of 93.1%.The following steps will be taken:1. Establish the dYdX Operating Foundation (DOF) as a foundation company in the Cayman Islands and appoint key personnel; 2. Draft the memorandum and articles of association of DOF and grant effective control to the dYdX community through dYdX consensus; 3. End the trust period, thus terminating DOT; 4. The trustee needs to execute relevant transfer operations, including multi-party signatures, domain names, accounts, contracts, etc.
dYdX voted to approve the proposal to stake 20 million DYDX on Stride
The dYdX community has voted to propose pledging 20 million DYDX tokens on the liquidity collateral protocol Stride, and will submit a second proposal to transfer the 20 million DYDX tokens to a cross-chain account owned by the community.
The dYdX community has voted to add INJ-USD to the dYdX Chain
According to official sources, the dYdX community has voted to support the addition of INJ-USD to the dYdX Chain.
dYdX Funding Program Multisig Address Sells 294,000 DYDX, Approximately $1 Million, via Wintermute
dYdX's funding program multi-signature address was sold by Wintermute through OTC yesterday, exchanging 294,081 DYDX for 1,003,127 USDC at a selling price of $3.41. The dYdX funding program multi-signature address has accumulated 3.357 million DYDX from the DYDX community treasury since January 10, 2022, of which 2.729 million DYDX has been sold by Wintermute for stablecoins and used for funding grants.
dYdX Chain now supports PYTH/USD
The dYdX Foundation has released a tweet stating that the community has voted to support the addition of PYTH-USD to the dYdX Chain.
dYdX has supported adding EOS-USD to dYdX Chain
The dYdX Foundation announced in a tweet that the dYdX community voted to support adding EOS-USD to the dYdXChain.
DYDX accounting for 10% of the total supply has been bound to protect the dYdX chain, and the validator APR exceeds 20%
David Gogel, the Vice President of Strategy and Operations at the dYdX Foundation, posted on social media that currently 100 million DYDX tokens (10% of the total supply) are bound to protect the dYdX chain, and validators and stakers can currently earn an annualized return of 21.24% (7-day average).
