TechFlow reports that on-chain risk analysis platform Chaos Labs has announced the official launch of its proposed $20 million dYdX Chain incentive program, following community feedback. The six-month initiative aims to promote early adoption and a seamless transition to dYdX Chain, including incentives for traders and market makers.
Within the trader incentive program, 70-85% is allocated specifically for trading activity, while 15-30% consists of performance-based rewards. The market maker incentive program primarily bases rewards on market makers' trading volume, with emphasis on those contributing more than 0.25% of total volume.
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