dYdX is a management token that allows the community to manage dYdX Layer 2. The token was deployed in Ethereum, its features are two strategies proposed by DeFi: short deals that allow you to profit from price cuts and loans with full collateral.

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🎥 Curious about DYDX Token Mechanics?

In this snippet from the recent @DefiantNews podcast, @dgogel highlights:

🚫 No block inflation or new token minting for Validators
💰 Protocol fees reward contributors to network security
🔗 Alignment of Stakeholder interests 

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Curious about DYDX Token Mechanics. In this snippet from the recent @DefiantNews podcast, @dgogel highlights:.