The proposal for "Restarting and Revising the Incentive Plan" by the dYdX community has been approved through on-chain voting
According to official news, the dYdX community's proposal on "Incentive Plan Restart and Revision" has been approved by on-chain voting. According to this proposal, it is a plan to modify the dYdX incentive program which lasts for 4 months with $1.5 million each month, distributing $6 million DYDX tokens every quarter. In the rewards distribution, 60% is allocated to market makers and 40% is given to traders. The tracking API has also been enhanced and there are no trading alliances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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