Analysis and Proposals on dYdX Chain and DYDX Tokenomics

Thank you for your reply.

To be clear, I agree with the goal of shifting revenue allocation to liquidity and improving chain performance.
It is the most important factor in attracting the platform’s key customers - retail traders, market makers and institutional investors.

On the other hand, I also believe it is important to get the message right.
Just as validator profit and loss estimates complicate the discussion,
Claims and rationales need to be carefully constructed.

Why I mentioned that the direction should be clearer,
I was concerned about the basis for some of your claims,
so only negative aspects might be spread.

Nevertheless, I think it is good that various experts in the community are sharing their wisdom and exploring alternatives in this forum.
(It reminds me of the Commonwealth era…)

As I have nothing more useful to offer on the topic, I will now watch the discussion.
I hope it will bring the community back to life again and create good synergy.

P.S. As I am based in Japan, I would like to add that @Cosmic_Validator claims are true.
To give an example, a bare metal server that meets the dYdX Chain’s recommended specifications costs approximately 302USD per month to run on “Sakura Internet”.

“Sakura Internet” is a large company, and listed on the Tokyo Stock Exchange.

It can therefore be said that operational costs can be eliminated from the discussion.

Disclaimer: I am delegating to PRO Delegators(@Govmos) so have no conflict of interest with Cosmic Validator.

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Hello dYdX Chain community!

I discovered that the Santorini Team undelegated a total of 9,507,021 DYDX just one day ago (transaction link) and has exited the dYdX chain validator set. In the past few days, the network’s locked DYDX decreased from 237 million to the current 227.85 million—a drop of around 10 million DYDX, primarily due to the Santorini team’s actions.

Hello dYdX Chain community!
We hope that the remaining 18 teams, including the other teams, will relocate as well—it would be amazing! However, I understand that if all 60 validators move to Japan, any issues with Japan’s infrastructure could easily lead to a chain halt for dYdX, similar to what Solana experienced in the past.

I see that currently 42 out of 60 validators are located in Japan, with a total of 197,162,523 DYDX locked, approximately 87% of Validator Bonded Tokens. If a few more validators also relocate there, we could observe the results and hopefully see how the latency of the dYdX chain responds with more teams moving over.