“Dydx is Allocating 25% of Protocol Fees to the Program, with Active Governance Discussions on An Increase To 100%.”, – WRITE: www.coindesk.com
The Move Is Part of A Broader Effort to Reinforce the Token’s Role in the Network’s Security and Economic Model Amid A Prolonged Downtrend for Dydx, WHICH HAS LASLE MORON MORE THAN 78% of.
The Buybacks Mark A Shift in How Dydx Allocates ITS Protocol Revenue, with 40% Going to Stakers, 25% to the New Program, 25% to it Market-Supporting Megavault and 10% TaWard.
The Exchange Reported $ 46 Million in Net Protocol Revenue in 2024 from Over $ 270 Billion in Trading Volume, Account to A Press Release. Governance Discussions Are Already Exploring the Possibility of Increase The Buyback Share to As Much As 100% of Protocol Fees.
Tokens Boughht As Part of the Program Are Set to Be Stied for “An Extended Period of Time To Improve Network Security,” A Dydx Representative Told Condesk.
The Token’s Supple Dynamics Are Also Shifting, with EMISSIONS SET TO Drop by Half Starting in June. MOST DYDX TOKENS HAVE ALRREADY BEEN UNLOCKED, TO REMAINER SCHEDULED TO VEST BY MID-2026, The Press Release Said.
A pending Proposal May Also Remove Unbridged Ethereum-Based Dydx Tokens from Circulation if not transferred to the Dydx Layer 1 by June.
