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, OKX has launched the HMSTR trading rewards, with a total prize pool of 80,000,000 HMSTR. From September 11, 2024, to October 4, 2024, users can participate in the HMSTR prize pool by completing designated tasks. In addition, new users participating in this event will receive additional rewards for depositing and completing specified trading tasks.It is reported that users can click on "More" in the top left corner of the OKX APP homepage, enter the "Activity Center" in the "Activities and Rewards" section to participate in this trading event. Alternatively, users can also click on "More" in the navigation bar of the OKX website to enter the "Activity Center" to participate.

ChainCatcher message, Zeta Markets announced on social media that the Genesis Epoch trading rewards are now open for claims, with 11,771 traders on the leaderboard set to receive their corresponding shares of 8 million ZEX rewards based on Z-Score.In addition, Epoch 1 has recently started, offering an initial 2 million ZEX rewards. Users can participate in trading and increase their reward shares before August 22.

ChainCatcher news, according to official sources, Aevo has announced a modification to its incentive program. Starting this week (Epoch 6), it will provide growth opportunities for pre-issue traders, stakers, and traders on Aevo for new projects launched on Aevo, while reducing ongoing trading incentives. The ongoing trading rewards will decrease from 1.1 million AEVO per week to 400,000 AEVO per week, and the remaining AEVO release will be allocated to the new incentive model.In addition, trading incentives for each Epoch will be targeted at specific products or markets. The trading incentives for Epoch 6 will only apply to users trading in its perpetual market.

ChainCatcher message, Magic Eden announced on social media the launch of the cross-chain rewards program Magic Eden Rewards, which is a long-term, cross-chain NFT rewards program designed to give back to Magic Eden's OGs, collectors, creators, and degens.Magic Eden will distribute the "Retroactive Diamond Drop" rewards to Solana OG traders on February 2. Additionally, the official will include Magic Tickets holders in the rewards system.

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 voted to approve the "Activate Trading Rewards and 6-Month Launch Incentive Program" proposal, with a support rate of 75.6% and an abstention rate of 24.4%.

ChainCatcher message, Amber Group's Steven has initiated a proposal in the dYdX community to "activate trading rewards and a 6-month launch incentive program," suggesting to end the Beta phase of the dYdX Chain through this proposal. The voting for this proposal is currently open and will end on November 28.The proposal specifically includes activating trading rewards by crediting the reward treasury Vester; approving the launch of a 6-month incentive program proposed by Chaos Labs; crediting the DYDX Chain Community Treasury Vester to DYDX according to DIP 29 4; and providing approximately $1 million in seed funding for the insurance fund.

ChainCatcher news, Ethereum Layer 2 scaling solution ImmutableX collaborates with the blockchain game Illuvium to launch the IMX trading rewards program, where users can earn IMX rewards by trading customizable NFT series Illuvium NFT (Illuvium Land, Illuvitars, Illuvitar Accessories, and D1SKS).Previous report, Illuvium collaborates with Binance, Immutable X, and Chainlink to launch the customizable NFT series Illuvium: Beyond, which can serve as users' game avatars in the Illuvium metaverse. Users can choose the image content of their avatars, and Binance will provide a small BUSD airdrop to users participating through Binance. (Source link)

Chain Catcher news, the dYdX Foundation announced on Twitter that the community decided to reduce trading rewards by 25% with a voting rate of 99.92%. It is reported that dYdX trading rewards are the largest form of reward emissions on the entire platform, with 3,835,616 DYDX emitted per Epoch or approximately 50 million DYDX emitted annually.After the 25% reduction in trading rewards, 2,876,712 DYDX will be allocated as trading rewards per Epoch. The remaining 958,904 DYDX ("excess DYDX") will accumulate in the reward treasury, and the dYdX community will decide how to use it through governance voting (short-term locking). (Source link)