Hello dYdX Community,
As Skip is transitioning out of the Market Mapper role as they explained HERE, we propose to add the dYdX Operations subDAO (DOS) signer to the slinky market map market_authorities for it to operate as Market Mapper. In addition, we propose to reduce the revenue share from 10% to 0%, ensuring that no fees accrue to any Market Mapper performing these duties.
Proposal Details:
- Adding DOS signer as market authority in the market map module
- With this proposal, the signer address (
dydx1cd9256yf7dw0ztc9l2dgasadsx6l26tcq0an3s) of the DOS will be added to the market map module asmarket authority. - This will allow dYdX Operations subDAO to update the market map.
- Reduction of Revenue Share to 0%
- In alignment with the community’s best interests, we propose to reduce this revenue share from 10% to 0% for any new or previously listed markets. This means dYdX Operations subDAO and SKIP will not collect fees for operating as Market Mapper.
While managing the community owned infrastructure, including the front-end; taking on the Market Mapper authority role aligns with our existing responsabilities and techical capabilities. The DOS can make sure that the market map is up to date and react quickly when new developments in the industry demand updates to the market map.
Next Steps:
Following a short discussion period, the DOS will initiate the governance proposal on Monday 3rd February 2025.
We look forward to the community’s feedback and support for this proposal.
dYdX Operations subDAO