The decentralized exchange platform (DEX) dYdX will unlock USD 14.02 million in DYDX (DYDX) tokens dedicated to the community treasury and rewards for traders and liquidity providers.
On August 29, dYdX will release 6.52 million internal tokens, representing 3.76% of DYDX's outstanding offer. From the lot, 2.49 million DYDX tokens - valued at USD 5.36 million - will be allocated to the community treasury. The treasury finances subsidies to collaborators, community initiatives and liquidity mining, among other programs.
Posted on investing.com
