TechFlow reported that a new proposal has been submitted on the dYdX community forum, requesting 12 million dollars worth of DYDX tokens from the community treasury to fund the dYdX ecosystem development program.
This funding is expected to provide an additional 24 months of support for the program, covering operational budgets and volatility buffers. The dYdX Ecosystem Development Fund (DEP) aims to serve as dYdX's partnership and financing arm, supporting infrastructure, chain services, protocol development, and growth initiatives.
The fund will also collaborate with individual contributors, entities, and subDAOs, including dYdX Trading, the dYdX Foundation, and the dYdX Operations subDAO.
Add to Favorites
Share to Social Media
