The dYdX community proposed "connecting the community and the reward treasury from Ethereum to the dYdX Chain."
ChainCatcher message, the dYdX community has voted to approve the "Connecting Community and Reward Treasury" proposal, with a support rate of 99.99%.
This proposal aims to connect the dYdX community and reward treasury from Ethereum to the dYdX Chain, so that governance on the dYdX Chain can fund the launch of reward programs, provide seed funding for the dYdX Chain insurance fund, allocate trading rewards, and finance other initiatives of the dYdX DAO.
This migration requires 4 steps to ensure that activities on the dYdX Chain can be timely funded by dYdX Chain governance. The four steps include ending v3 rewards, upgrading the treasury contract, suggesting dYdX Chain validators to record attribution accounts on v4, and bridging released ethDYDX.