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.

DYDX news today, dYdX crypto latest news of coin ticker

dYdX

🗳️ Snapshot vote has concluded!

The community has voted to reduce trading rewards by 45% from 2.9M $DYDX to 1.6M $DYDX every epoch.

✅27.5M $DYDX from 776 addresses
❌ 2.5M $DYDX from 23 addresses

https://t.co/E2gI7KjoPY

https://t.co/X8LfNNNeU4 https://t.co/0aEvlprbUh

Callen

Wintermute

@cvant_ @wintermute_t @dYdX 3/ Currently, trading Rewards are ~44% of all emissions per epoch, which are excessively high.  

With this reduction, the excess 1.3M $DYDX is retained in the rewards/community treasury. These are the DAO’s available capital to spend on V4 necessities. 🦔💰 https://t.co/uPdAGZyzoj

Twitter

🗳️ Snapshot vote has concluded!

The community has voted to reduce trading rewards by 45% from 2.9M $DYDX to 1.6M $DYDX every epoch.

✅27.5M $DYDX from 776 addresses
❌ 2.5M $DYDX from 23 addresses

https://t.co/E2gI7KjoPY

https://t.co/X8LfNNNeU4 https://t.co/0aEvlprbUh

@cvant_ @wintermute_t @dYdX 3/ Currently, trading Rewards are ~44% of all emissions per epoch, which are excessively high.  

With this reduction, the excess 1.3M $DYDX is retained in the rewards/community treasury. These are the DAO’s available capital to spend on V4 necessities. 🦔💰 https://t.co/uPdAGZyzoj

Snapshot vote has concluded. The community has voted to reduce trading rewards by 45% from 2. 9M $DYDX to 1.