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Home News dYdX New Proposal: Allocating 100% of Net Trading Fees to DYDX Buyback, Intending to Pilot for 3 Months

dYdX New Proposal: Allocating 100% of Net Trading Fees to DYDX Buyback, Intending to Pilot for 3 Months

dYdX New Proposal: Allocating 100% of Net Trading Fees to DYDX Buyback, Intending to Pilot for 3 Months

BlockBeats News, October 30th, a new proposal appeared on the dYdX community forum, which includes allocating 100% of dYdX’s net trading fees to DYDX token buyback to enhance token value accumulation. The plan is to conduct a three-month experimental trial. The proposal will be formally submitted on November 3rd.

The current dYdX Chain allocates net trading fees as follows: 25% for DYDX buyback, 40% for validator and staker staking rewards, 25% for Megavault liquidity, and 10% to the treasury.

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