dYdX Chain v8.0 upgrade vote goes live
The dYdX Foundation has announced that a community vote on whether the crypto project can upgrade the dYdX Chain to version 8.0 is now live. The on-chain vote, through which the dYdX (DYDX) community will decide if the dYdX Chain can be upgraded to v8.0, will conclude on January 21, 2025, the dYdX Foundation stated […]
DYDX rallies 35% amid reports of backing by Trump’s new crypto czar
DYDX, the native token of the decentralized trading platform dYdX, recorded an impressive rally on Nov. 6 following reports of it being backed by Trump’s newly appointed White House cryptocurrency advisor. The altcoin surged 35% over the past day, hitting a seven-month high of $2.45 on Nov. 6, bringing its market cap to over $1.67 […]
The dYdX community approves revenue sharing proposal
The dYdX Foundation has announced that the community has approved a key proposal to implement a revenue-sharing mechanism. The proposal, passed on Nov. 15, allocates 50% of protocol revenue to the MegaVault and 10% to the Treasury SubDAO. According to the dYdX Foundation, the expedited vote saw a turnout of 76.99%, with over 155 million […]
