The dYdX community has initiated a vote on the "Approval of MEV Reduction Strategy" proposal

ChainCatcher message, the dYdX community has initiated a vote on the "Approve MEV Social Mitigation Strategy" proposal, which will close on December 3, 2023, at 13:49 UTC.

The proposal aims to launch a social strategy to reduce MEV by appointing a committee funded by grants to represent active validators. The MEV Reduction Committee will consist of 7 members, serving a term of 6 months, with a budget of $84,000 (which is $2,000 per member per month).