As with the current locked ethDYDX tokens, locked wethDYDX tokens and locked dYdX-Chain DYDX tokens may also be bridged to another blockchain, used for voting or delegating purposes and/or staked to a validator, if applicable.

Any wethDYDX and/or dYdX-Chain DYDX tokens received in exchange for locked ethDYDX tokens shall continue to be subject to the same transfer restrictions and release schedule

dYdX Foundation is anticipating large internal movements of locked ethDYDX tokens held by investors and team members in the coming days. Locked Tokens can be bridged from Ethereum to another blockchain, including the dYdX Chain

Participate in key discussions and topics on the 👉

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. @dydx_ops_subdao updated the community that the dYdX Chain Launched; ‘The dYdX Chain has officially launched ’

. @dydx_ops_subdao published a post titled; ‘dYdX Chain - alpha stage deep dive’

. @hi_Reverie posted a new proposal titled; ‘dYdX v4 Social Mitigation Strategy for MEV’ Read the proposal

dYdX Foundation posted and update titled; ‘Introducing DYDX the Layer 1 token of the dYdX Chain’

The dYdX Chain has officially launched 👀 The Weekly Governance Recaps give you a pulse on the most important community topics, proposals and discussions 🦔 Participate in governance discussions and sign up to the forum 👉

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As with the current locked ethDYDX tokens, locked wethDYDX tokens and locked dYdX-Chain DYDX tokens may also be bridged to another blockchain, used for voting or delegating purposes and/or staked to a Validator, if applicable.

Read the blog for full details

dYdX Foundation is anticipating large internal movements of locked ethDYDX tokens held by investors and team members in the coming days. Locked Tokens can be bridged from Ethereum to another blockchain, including the dYdX Chain

With the community adopting DYDX as the L1 token on the dYdX Chain, the DYDX token once migrated has expanded utility 💡 This expanded utility serves to power the dYdX Chain and reduce barriers to governance participation. Read the blog in detail👇

🔒 Security - Staking DYDX directly contributes to dYdX Chain security The more native DYDX tokens that are staked or “bonded” and the more distributed the stake across multiple Validators, the more secure and resilient the network becomes

🤝 Governance - Only staked DYDX may participate in governance There is several notable changes from dYdX v3 governance; 1️⃣ Proposing power is not required to create a vote 2️⃣ Validators inherit the voting weight of their Stakers unless a Staker decides to vote themselves

Introducing DYDX the L1 token of the dYdX Chain 🎆 DYDX once migrated has expanded utility; ⏰ Staking 🔒 Security 🤝 Governance All fees generated by the dYdX Chain protocol are distributed to Validators & Stakers every time a new block is committed 🙌

After the successful launch of the dYdX Chain yesterday at 17:00 UTC, we are in the Post Genesis Phase & this involves two crucial stages; 🔒Alpha - Network Gains Security 🖥️ Beta - Limited Trading Enabled In this 🧵 we deep dive on the Alpha Stage

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The dYdX Chain is: ⛓ Entirely new blockchain built on Cosmos SDK 💱 First ever decentralized, offchain orderbook 📖 Fully open source, from protocol to interface 🤝 Aligned with the community, aligned with you 🚀 The future of trading crypto derivatives

The dYdX Chain has launched ⛓️

Being involved from its testnet stages, we've been an integral part of the journey leading up to the official release of the @dYdX Chain! 🔥 As a validator for its mainnet, we play a crucial role in ensuring the integrity & security of the network 🔐 Congrats @dydxfoundation 🤝

The dYdX Chain has officially launched 🎉 At 17:00 UTC today, dYdX Chain Validators created the Genesis block of the dYdX Chain 📢The dYdX Operations subDAO public front-end for bridging is set to go live on October 30, 2023 (subject to confirmation)

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