$DYDX - DydX
🔄According to PANews, dYdX Foundation announced on platform The next steps in the process are as follows:
1. Establishment of dYdX Operations Foundation (DOF) as a platform company in the Cayman Islands and appointment of key personnel.
2. Draft a memorandum of understanding and articles of association for DOF, and give effective control to the dYdX community through dYdX consensus.
3. Terminate the trust period, thereby ending the DOT.
4. The trustee must carry out relevant transfer operations, such as multi-signature, domain names, accounts and contracts.
This transition aims to provide a more stable and transparent structure for the dYdX community and its activities.
