According to BlockBeats, the dYdX community forum released a new proposal on February 14. The dYdX Grants plan applies for $12 million in DYDX tokens from the community treasury to fund the dYdX ecosystem development plan. The funds are expected to provide an additional 24 months of support for the program, which also includes an operating budget and volatility buffer. The main goal of the dYdX Ecosystem Growth Fund (DEP) program is to serve as a partner and financing arm of dYdX to help support infrastructure, chain services, protocol development, and growth.
See original
dYdX Grants Program to Apply for $12 Million in DYDX Tokens to Fund Ecosystem Development
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
DYDX
1.6357
+4.94%
Replies 1