The dYdX community has voted to approve the “Activation Trading Rewards and 6-Month Launch Incentive Program” proposal

01/10 06:38

Wechat scan to share

On January 10th, dYdX Foundation announced on X platform that the community has voted in favor of the proposal regarding "activating trading rewards and a 6-month incentive plan", with a final support rate of 75.6%. According to the proposal, the trading reward constant "C" will increase to 0.9 at block height 5,543,541. Traders on dYdX Chain can now receive up to 90% of their payment fees based on the trading reward formula.

Comments

All Comments

Recommended for you

Krisztian Sandor · 03/28 03:35

Sei Foundation Explores Buying 23andMe to Put Genetic Data on Blockchain

If the acquisition proceeds, the foundation plans to integrate 23andMe's data onto its blockchain and give users ownership of their genetic data.
Shaurya Malwa · 03/28 03:32

Studio Ghibli Craze Inspires Memecoins on Ethereum, Solana After OpenAI’s 4o Release

The internet is full of people converting images to AI-generated pictures in the characteristic style of some animated movies by Japan’s Studio Ghibli. Memecoin traders are looking to cash in on the trend.
cointelegraph · 03/28 00:11

SEC has officially closed its investigation into Crypto.com, CEO says

The US securities regulator closed its probe into Crypto.com seven months after serving the crypto platform with a Wells notice in August.
Cheyenne Ligon · 03/27 13:07

Trump SEC Pick Paul Atkins’ Crypto Ties Draw Sen. Warren’s Ire Ahead of Confirmation Hearing

In a recent financial disclosure, Atkins admitted to owning up to $6 million in crypto-related assets.
Danny Nelson · 03/27 06:47

GameStop Bitcoin Pivot Spurs Social Media Chatter as Stock Soars 16%

The gaming retailer will spend some of its $4.8 billion cash holdings to buy bitcoin and stablecoins, sparking discussions around how much it will actually buy.
VINCERO · 03/27 05:40

President Trump to Sign Repeal of Controversial DeFi Broker Rule

Critics called the rule "unworkable," noting DeFi platforms run on automated code without human oversight or user identification.
Cheyenne Ligon · 03/27 04:28

Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill

Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess.
Jesse Hamilton · 03/27 03:37

Trump-Tied World Liberty Financial Pitches Its Stablecoin in Washington With Don Jr.

The president's son, Donald Trump Jr., connected to a Washington crypto event via video to talk up crypto and to back the family's link to World Liberty.
Coindesk · 03/27 03:34

BlackRock Expands Digital Asset Team, Adds Four High-Level Roles

The asset manager added four new roles to its website, including a legal counsel to advise on ETF launches.
Stacy Elliott · 03/27 01:12

Crypto Giants Seek Congressional Clarity on US Money Transmitter Rules

More than 30 crypto firms and foundations have asked Congress to have the US Department of Justice to clarify a key enforcement matter.