The dYdX community has actively participated in several governance decisions, demonstrating its commitment to the platform's development and security. A notable decision includes the approval of adding the SNX-USD trading pair to the dYdX Chain, which is now active for trading, expanding the platform's trading options. Additionally, the community voted in favor of a staking proposal, agreeing to liquid stake 20M DYDX tokens from the Community Treasury with Stride. This move aims to enhance dYdX's economic security, reduce stake concentration among top validators, and generate USDC for the community treasury. Other governance activities highlighted include updates on the v4 protocol upgrade, Validator guidelines by the MEV Committee, and diversification of community staking in collaboration with pStake Finance. The community also supported updating the Equity Tier Limits parameter on the dYdX Chain.
π³οΈ dYdX Community Staking (Signaling Proposal) The dYdX community has voted in support of liquid staking 20M DYDX from the Community Treasury with @stride_zone β https://t.co/8ukbvppo4u
π³οΈ Update to the Equity Tier Limits The dYdX community has voted in support of updating the Equity Tier Limits parameter on dYdX Chain. https://t.co/2i5teVIuUB
1/6 @dYdX governance has passed an onchain vote signaling their intent to deposit 20M DYDX with Stride. This proposal benefits dYdX by: - improving dYdX economic security - decreasing stake concentration in top validators - generating USDC for community treasury π§΅
πΌSpringβs here & itβs time for #ZkMeshMini to unpack the top developments in the ZK space from the past week: - @nebrazkp UPA - @lagrangedev @ether_fi restaking agreement - @EliBenSasson on Circle Stark - @omw_to_the_moon on DEXs & privacy - @_nickspoon @TomGur PZK-PCPs π§΅π https://t.co/ZOkuCn5VmZ
Catch up on the latest dYdX Community discussions β¨ Highlights from this week; π οΈ @dydx_ops_subdao update on v4 protocol upgrade π― MEV Committee - Validator guidelines π€ @pStakeFinance diversify community staking π€ @stride_zone community staking proposal https://t.co/WFRKvJ0NMl
1/8 dYdX community staking proposal is up for voting π³οΈ If it passes, 20M DYDX from @dYdXβs Community Pool (CP) will liquid stake with Stride using our end-to-end permissionless system for staking community pools π‘οΈ How protocol-owned security works + how it benefits dYdX π§΅π https://t.co/ptgXIOrQQB
The dYdX Community has voted in support of adding SNX-USD to the dYdX Chain! The SNX-USD pair is active for trading at https://t.co/A6e1nEK2LI π https://t.co/ptnJXCMCOI