ChainCatcher message, the dYdX Foundation stated on the X platform that the dYdX community has approved the proposal to "allocate 50% of revenue to MegaVault and 10% of revenue to Treasury SubDAO."

ChainCatcher news, according to official sources, the dYdX community's proposal on "Reboot and Revision of the Incentive Program" has been approved through on-chain voting. According to the proposal, this is a modification of the dYdX incentive program, which lasts for 4 months, with $1.5 million per month, distributing $6 million in DYDX tokens each quarter. 60% of the rewards are allocated to market makers, 40% to traders, and the tracking API has been enhanced, with no trading alliance.

ChainCatcher news, the dYdX Foundation stated that the dYdX community has voted to reduce trading rewards by 44%. Additionally, it has approved the transfer of 45 million DYDX from the community treasury to an account controlled by the dYdX Treasury SubDAO for the implementation of the staking program, and approved community signers to serve as directors of the Cayman Foundation.

ChainCatcher news, the dYdX Foundation announced on the X platform that the dYdX community has voted to add the Cetus Protocol (CETUS) on dYdX.It is reported that the voter turnout was 52.18%, with a support rate of 93.86%, abstention at 6.14%, and opposition at 0.01%.

ChainCatcher news, according to official sources, the dYdX community has initiated a proposal vote on "Whether to add CETUS on the dYdX Chain." The voting will end on October 7, 2024, at 21:35 UTC.

ChainCatcher message, the dYdX Foundation stated on the X platform that the dYdX community has initiated a vote to "propose adding support for PAXG on the dYdX Chain," with a new PAXG-USD perpetual market. The related vote will end on August 19 at 22:24 UTC.

ChainCatcher news, the dYdX Foundation announced on social media that the on-chain vote regarding whether the dYdX community should add Zerolend on the dYdX Chain has been opened, and this vote will end at 15:16 UTC on August 12, 2024.Currently, the number of votes is 46,707,390 DYDX, with 100% of the votes in favor of the proposal.

ChainCatcher news, according to official sources, the dYdX community has voted to distribute $5 million worth of DYDX tokens to traders in the fifth season incentive program.

ChainCatcher news, the dYdX Foundation announced on the X platform that the dYdX community has voted to approve the proposal to add ENS, FLOKI, TAO, FTM, and SAFE tokens on the dYdX Chain.

ChainCatcher news, the dYdX Foundation announced on social media that the dYdX community has voted to approve the proposal to "add ONDO on the dYdX Chain."

ChainCatcher message, the dYdX Foundation stated that, according to the voting results, the community rejected the addition of the TRUMP token on the dYdX Chain, with the opposition vote ratio reaching 93.29%.

ChainCatcher message, dYdX Foundation posted on the X platform stating that the community has voted to approve the proposal related to the "Launch Incentives Program Season 4 reward distribution," which will distribute 5 million DYDX to 4,142 independent addresses. DYDX rewards will be automatically distributed.

ChainCatcher news, the dYdX Foundation announced on the X platform that the dYdX community has voted to extend the Launch Incentives Program for an additional 3 months. After the end of Season 4 of the incentives program, it will be extended for another 3 months, covering 2 trading seasons.The dYdX community also agreed to allocate 10 million USD in DYDX from the dYdX community treasury to reward the Launch Incentives Program.

ChainCatcher message, the dYdX Foundation stated on the X platform that an on-chain vote has been created in the dYdX community regarding the proposal "Should the dYdX Chain protocol software be upgraded to version 4.0". This version upgrade will bring significant improvements to the protocol and network, including: adding the x/authz module, IBC withdrawal limits, conditional order improvements, and upgrading to Cosmos SDK v0.5. If the proposal passes, the software upgrade will be executed at block 12,791,712. This block is expected to be created at 13:54 Beijing time on April 8.

ChainCatcher message, the dYdX community has voted to approve the transfer of 20 million DYDX from the treasury to Stride for staking. A second proposal will be submitted to transfer 20 million DYDX to a community-owned cross-chain account. Additionally, a software upgrade proposal is underway on Stride to introduce a community pool fee rebate feature. This feature will allow the dYdX Chain community treasury to receive 2.5% of the USDC staking rewards.

ChainCatcher news, a new proposal has been posted on the dYdX community forum aimed at reducing the minimum deposit amount required for users to submit governance proposals from 10,000 DYDX to 2,000 DYDX, and extending the maximum deposit period from 2 days to 7 days.It is reported that the proposal was put forward by Chorus One, with the intention of encouraging community members with less funding to participate in on-chain governance activities and providing more time for community members to meet proposal requirements, thereby promoting the development and growth of dYdX. The current deposit amount is approximately $28,000, which may pose a significant burden on community members and limit their ability to participate in on-chain governance.Additionally, the proposal points out that increasing the deposit period will provide greater flexibility for community members who wish to propose on-chain. If the proposal does not encounter strong opposition, the community may conduct on-chain voting as early as February 12 (Monday).

ChainCatcher news, the dYdX community voted to approve the proposal "dYdX Foundation requests a $30 million operating budget from the DAO over three years."Previously reported, the dYdX Foundation seeks $30 million in funding from the DAO to be used over the next three years. If dYdX token holders (voters in the DAO) approve, it will reward the foundation with 4% of the current treasury of the DAO. When the foundation first shared this request last Friday, it received broad support from dYdX stakeholders (from validators to representatives). Voting will continue until February 2.

ChainCatcher news, the decentralized derivatives trading platform dYdX is currently voting on proposal number 10, which proposes the creation of a new JUP-USD perpetual contract market. The proposal aims to create the market in an "initialization" state by adding the necessary x/prices, x/perpetuals, and x/clob parameters, and then transition to an "active" state after 3600 blocks.Current voting results show that, despite a support rate of 100%, the proposal may be rejected due to a participation rate of only 0.6%, which fails to meet the required 33.4% quorum threshold. Voting will continue until February 6.

ChainCatcher news, dYdX Foundation posted on the X platform stating that the community has voted to approve the proposal regarding "activating trading rewards and a 6-month launch incentive program," with a final support rate of 75.6%.According to the proposal, the trading reward constant "C" has been increased to 0.9 at block height 5,543,541. Traders on the dYdX Chain can now receive up to 90% of the paid fees based on the trading reward formula.

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).