dYdX "Incentive Plan Restart and Revision" Proposal is now open for on-chain voting
On November 11th, dYdX Foundation announced on the X platform that the "Incentive Plan Restart and Revision" proposal has been created for on-chain voting, with an end time of early November 15th. According to the proposal, this is a proposal to modify the dYdX incentive plan, which lasts for 4 months, with $1.5 million USD per month and $6 million USD worth of DYDX tokens distributed every quarter. 60% of the rewards are allocated to market makers and 40% to traders, and the tracking API has been enhanced without a trading consortium.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— Enjoy up to 10% APR and trade to unlock an additional pool of 50,000 USDT
Bitget Spot Margin Announcement on Suspension of SANTOS/USDT, MYRO/USDT, DUSK/USDT, PHB/USDT, ALPINE/USDT Margin Trading Services
CandyBomb x RAVE: Trade futures to share 200,000 RAVE!
Bitget TradFi: Trade gold, forex, and more assets in one account
