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dYdX "Incentive Plan Restart and Revision" Proposal is now open for on-chain voting

dYdX "Incentive Plan Restart and Revision" Proposal is now open for on-chain voting

CointimeCointime2024/11/11 07:22
By:Cointime

On November 11th, dYdX Foundation announced on the X platform that the "Incentive Plan Restart and Revision" proposal has been created for on-chain voting, with an end time of early November 15th. According to the proposal, this is a proposal to modify the dYdX incentive plan, which lasts for 4 months, with $1.5 million USD per month and $6 million USD worth of DYDX tokens distributed every quarter. 60% of the rewards are allocated to market makers and 40% to traders, and the tracking API has been enhanced without a trading consortium.

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