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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dYdX

ICYM our first #Community Town Hall, we’ve created a handy thread highlighting the key parts. 

We’ll keep iterating on the format and providing the community with concise ecosystem updates 🦔🦔

Curated blog from the Town Hall: https://t.co/Lt3zt1CmOO

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ICYM our first #Community Town Hall, we've created a handy thread highlighting the key parts.