dYdX community’s proposal on “incentive plan restart and revision” has been approved by on-chain voting
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.
You may also like
Bitcoin Price Could Skyrocket to $500K, Altcoins Set to Follow
Crypto Trader Makes Risky Bet for $8 Million Profit in 20 Minutes
Shiba Inu Faces Uncertainty as Whale Activity Declines and Price Consolidates
BTC breaks through $104,600