DYdX Community Rejects Proposal To Transfer And Pledge 5 Million DYDX From Community Treasury

According to Foresight News, the dYdX community has voted against the proposal to transfer and pledge 5 million DYDX from the community treasury to pSTAKE Finance. The proposal saw 47.6% of users voting against it, while only 20.6% of users voted in favor.

Previously, the dYdX community had initiated a signal proposal to transfer and pledge 5 million DYDX from the community treasury to pSTAKE Finance. The proposal included the allocation of 5 million DYDX tokens and a phased approach to liquidity pledging.