The dYdX community of the decentralized derivatives protocol has launched a vote on a proposal to introduce a market maker rebate program, aimed at incentivizing liquidity and reducing reliance on rewards.
The proposed market maker rebate program consists of five levels, based on the percentage of trading volume on dYdX within 30 days, with fee rebates between 0.0025% and 0.01%. The proposal currently has a support rate of 99.66%, and voting will end at 09:34 Beijing time on February 22.
