Friday, September 20, 2024
Home > ICO > DYdX Proposal to Slash Token Issuance Wins Early Support in Vote Ending Tuesday

DYdX Proposal to Slash Token Issuance Wins Early Support in Vote Ending Tuesday

If passed – voting ends Tuesday – the governance proposal will reduce the amount of DYDX given to liquidity providers per epoch to 575,342, a 50% decrease that amounts to about $1 million at current prices. Antonio Juliano, dYdX’s founder, said on X (the site formerly known as Twitter) that overall DYDX token emissions would be cut by roughly 25%.



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