Announcement $DYDX suggests that DYDX is completely switching to its self-developed mainnet. The reason behind this migration is to break away from the reliance on the Ethereum network, while taking "performance optimization" and "decentralization" as the core attraction points.

1. Strategic direction adjustment:

The project party seems to be building an ecosystem centered on the DYDX chain, which may include:

• Native token support for the autonomous network.

• Providing a better user experience (such as reduced transaction fees).

• Building a larger-scale decentralized finance (DeFi) product ecosystem.

2. Attracting new users and funds:

After migrating to the mainnet, DYDX may launch incentive mechanisms (such as airdrops, transaction rewards) to encourage users to migrate from ERC20 to the new chain and increase network activity.

Summary: Good or bad?

• Short-term: bearish

• Long-term: Definitely good. The independence and optimized performance after the mainnet migration will allow DYDX to occupy a stronger position in the DeFi market.