Hello dYdX community.
The dYdX community has voted in support of liquid-staking 20M DYDX from the dYdX Chain Community Treasury with Stride via a text governance proposal ( 83% ‘Yes’ votes).
Given the relevance of this governance proposal, before the on-chain proposal is launched and the dYdX Chain Community Treasury potentially starts accruing USDC staking rewards (from the 2.5% fee reduction offered by Stride) and other staking rewards directly, the dYdX community may need to consider the potential short term vs long term tax consequences stemming from staking rewards accruing directly and regularly to the dYdX Chain Community Treasury.
Further, and in connection with this, the dYdX community may also consider potentially forming a treasury management subDAO in the future.