@dYdXFoundation Please, let the people who skipped the announces change their ethDydx to Dydx 1:1. It is a huge loss for thousands of people, who got in this trouble. Please, provide this opportunity for us - for those people who are active and trying to change the situation.
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Они издеваются.
Нужно обращаться в органы! Это чистое мошенничество
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Вы издеваетесь ? Я не обязан следить за вашими новостями!! Я долгосрочный инвестор .
Мы будем обращаться в органы! Это чистое мошенничество
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Hello dYdX community,
We understand that the discontinuation of support for the wethDYDX smart contract (the “Bridge”) has created challenges for some members of the dYdX community, and we want to acknowledge the concerns that have been raised.
Our goal is to provide clarity around the dYdX Foundation’s role and the governance process that determined this outcome.
Bridge Discontinuation
As noted in prior Forum posts and in this blog, the decision to discontinue support for the Bridge was made through a two-step governance process by dYdX governance participants (dYdX Chain validators and their respective delegators):
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December 7, 2024: A text proposal passed to cease support for the Bridge by June 2025.
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June 13, 2025: A parameter-change proposal finalized the discontinuation of support for the Bridge.
Additional Clarifications
- “Re-enabling the Bridge”
The dYdX Foundation does not have the ability or authority to re-enable or extend Bridge support. Any reconsideration would need to come from a new governance proposal and be approved by the dYdX community.
- “Providing Liquidity”
Some community members have suggested that the dYdX Foundation provide liquidity on decentralized and/or centralized exchanges. We understand that liquidity is an important concern for many community members. However, it’s important to clarify the role of the dYdX Foundation here too. The Foundation is a community-funded, non-profit entity. It does not hold large proprietary reserves, nor is it structured to provide market-making services.
- “Alternative migration solutions”
As with any protocol change, such initiatives must be community-driven and follow the governance proposal lifecycle.
Next Steps
Overall, the discontinuation of the Bridge was a formal governance decision finalized on June 13, 2025. Any potential solutions for liquidity or bridging should be community-driven and must not depend on or involve the dYdX Foundation.
In this case, it would likely make sense for interested parties to:
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align on a potential solution on the dYdX Forum,
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introduce a text proposal to gauge dYdX community alignment, and
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If the text proposal passes, and if necessary, follow up with another on-chain proposal.
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Funny) You accuse us of ignorance, of not seeing your announcements and warnings. But what are you doing with the Community?
- You block our messages.
- You don’t verify new forum members.
- You ignore discussions.
- You close forum topics with inconvenient information.
It turns out that for you, the Community is cattle that you can’t even talk to. And this manual forum is just a screen to show that you are public and open. But in reality, it turned out to be a deception.
And how do you want people to learn about your innovations? Intuitively?
- Remind us, how many views did your message about the bridge closure get? Give us a number.
- And how many wallets (holders) do you have on the Ethereum network? Please give us a number. Do you think they are comparable?
@dYdXFoundation @charles Your silence will mean consent (as in the saying).
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The discussion around the Bridge should continue in an calm and sober fashion under the serious DRC from Cosmic Validator - [DRC] Re-enable support for the wethDYDX Smart Contract (i.e., the Bridge) on the dYdX Chain side for 12 months