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dYdX community’s proposal on “incentive plan restart and revision” has been approved by on-chain voting

dYdX community’s proposal on “incentive plan restart and revision” has been approved by on-chain voting

Cointime2024/11/15 07:11
By: Cointime
DYDX+0.90%

According to official sources, the dYdX community's proposal for "restarting and revising the incentive plan" has been approved through on-chain voting. Under the proposal, this is a modification of the dYdX incentive plan, which will last for four months, with a monthly allocation of $1.5 million and a quarterly distribution of $6 million in DYDX tokens. 60% of the rewards will be allocated to market makers and 40% to traders, with an enhanced tracking API and no trading alliance.

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.
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