TechFlow news, the dYdX community has voted in favor of transitioning the dYdX Operating Trust (DOT) into a Cayman Islands Foundation Company. Next steps:
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Establish the dYdX Operating Foundation (DOF) as a Cayman Islands Foundation Company and appoint key personnel.
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Draft the memorandum and articles of association for DOF, with effective control retained by the dYdX community (through dYdX Consent).
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Terminate the trust term, thereby dissolving the DOT.
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Trustees will carry out necessary transfers, including multi-signature wallets, domains, accounts, and contracts.




