The dYdX Foundation has released its Ecosystem Report for the first half of 2024, showcasing its achievements and product launches in the field of decentralized finance.

In the past six months, dYdX has processed more than $166 billion in trading volume, launched more than 40 new markets, and unlocked more than 800 markets, providing users with diversified trading options and investment opportunities.

dYdX distributes over $32 million in rewards to stakers and validators and promotes active community participation through governance proposals. A total of 67 proposals were submitted, 62 of which have been approved, and 35 proposals are in the voting stage, attracting 2,251 voters, 77% of whom are validators.

Regarding DYDX’s Tokenomics, 75% of the tokens have been unlocked, and the remaining tokens will be gradually unlocked as planned until 2026. In addition, the monthly staking APR reaches 16.25%.

In terms of product innovation and technology upgrades, dYdX has launched applications for iOS and Android devices, significantly improving user convenience in transactions.

dYdX has also established partnerships with leading teams in the DeFi field such as Nethermind and Hummingbot, integrating advanced trading robots to improve trading efficiency and enhance the market competitiveness and user service experience of the platform.

The dYdX Foundation received a total of 10.9 million DYDX tokens in the first half of 2024 and exchanged 1.5 million DYDX into $4.3 million in USDC for operational support over the next 18 months.

The foundation has staked 8 million DYDX tokens among 25 validators to ensure the network security of dYdX Chain and expects to earn an annualized rate of return of approximately 15%. Overall operating costs were $40.91 million, accounting for 94% of the budget. The foundation also retains 3.4 million DYDX tokens in the treasury for long-term holding.

The dYdX Foundation is committed to supporting current and future implementations of the dYdX protocol and promoting community-driven growth of the dYdX ecosystem. The dYdX Chain software is open source and can be used or implemented by anyone under the applicable license. User interaction with the dYdX Chain software does not require permission or intermediary, (Jiaoliuwei❤) BNB 000789, subject to the applicable license and code terms. . #TON #BTC下跌分析 #币安7周年 #币安合约锦标赛

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