# \[DRC\] dYdX Community Staking Proposal

**URL:** <https://dydx.forum/t/drc-dydx-community-staking-proposal/2444>\
**Category:** dYdX Chain\
**Created:** [March 15, 2024, 8:04pm UTC](https://dydx.forum/t/drc-dydx-community-staking-proposal/2444 "2024-03-15T20:04:04Z")\
**Posts on this page:** 1\
**Showing post:** 15

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**Author:** ![Rebel\_Defi](https://dub1.discourse-cdn.com/flex013/user_avatar/dydx.forum/rebel_defi/32/1349_2.png) [@Rebel\_Defi](https://dydx.forum/u/Rebel_Defi)\
**Post date:** [March 18, 2024, 3:04am UTC](https://dydx.forum/t/drc-dydx-community-staking-proposal/2444/15 "2024-03-18T03:04:58Z")

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Monopoly of DYDX liquid staking would of course benefit Stride, Reverie (as an investor), and the Stride validator set (may of whom have clearly indicated their COI here. Thumbs up for transparency.)

The question is less about what is good for Stride, and more about what is good for DYDX.

Is it good to subsidise just one LST provider, if the aim is to increase security and decentralisation?

Perhaps splitting community pool stake between two LST providers would offer greater security and decentralisation.

See forum proposal: **Diversify potential dYdX Community Staking with Stride and pSTAKE Finance**

pStake do not use a closed validator set, instead assigning stake algorithmically to increase decentralisation.

Financially, the DYDX community pool would benefit more by splitting the proposed 20M DYDX between Stride and pStake.

Instead of charging the reduced Stride fee of 7.5%, pStake propose charging 0% fees. Additionally sharing 20% of their entire DYDX liquid staking revenue with the DYDX community pool.

> [@Diversify potential dYdX Community Staking with Stride and pSTAKE Finance](https://dydx.forum/t/diversify-potential-dydx-community-staking-with-stride-and-pstake-finance/2453/1):
>
> - pSTAKE Finance is committed to offering a 0% fee for the 10M DYDX from the Community Pool that will be a liquid stake on pSTAKE (~$800k rewards will go directly to the dYdX Community)
> 
> - Additionally, pSTAKE Finance will share 20% of its entire DYDX liquid staking revenue with the dYdX Community Pool till the agreed-upon term of this proposal (pending pSTAKE Finance governance approval). This will go into effect if, and only after, pSTAKE governance decides to introduce any protocol fee. Currently, the DYDX Liquid Staking fee on pSTAKE Finance is 0% for all users.

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_[View the full topic](https://dydx.forum/t/drc-dydx-community-staking-proposal/2444)._