This proposal was co-authored by Reverie and Stride Labs. Disclosure: Reverie is an investor in Stride. Summary As of today, the total value locked (TVL) or total deposits on the dYdX Chain are roughly $140 million, with the chain having slightly more than 114 million DYDX tokens staked, which ar…

As a Validator on DYDX, Kiln.fi supports this proposal. We therefore have decided to cast a YES vote. We believe that the concerns around lack of economic security are valid and that they should be addressed. We also believe it makes sense to use the DYDX of the Community Pool for staking, in order…

[image] LeonoorsCryptoman: it all shows that @Reverie being an investor in Stride only cares about how to make Stride bigger. They don’t care about chain security, that is just a front to enlarge the pie of their investment… that is all that can be concluded from the ignorance from all the othe…

[image] CipherLabs: The majority of the community is very aware, and see through it all. Notice other people are now starting to comment on this rather than remaining silent. It is only a bummer that not even 1% votes against. So the case build by passing this proposal is quite strong to igno…

@LeonoorsCryptoman as pointed out earlier in the discussion, the current governance structure appears to be less effective than its predecessor, which already had its challenges. It operates similarly to a corporate model, dominated by a select group of about 10 validators—who hold the primary decis…

Really great proposal and discussion here. The way I see it, having some form of delegation program that: net increases economic security enables growth of the dYdX treasury from staking rewards supports a diverse set of ecosystem validators through delegations supports projects building on dYdX s…

this looks like good proposal stride reduces their take rate to 7.5% 90% of yield is being auto-compounded into dydx - means buy backs 2.5% kept in usdc and accrues to treasury - so community treasury diversifies and b/c using stride, LST stDYDX can become more liquid in cosmos ecosystem. Paying …

We support the prospect of utilising idle DYDX and allocating it to Liquid Staking Protocols. We agree for the following reasons: The top 10 DYDX validators hold majority voting power (2/3rds). Liquid Staked DYDX on Stride is evenly split among the top 28 validators, and will continue to decentra…

We, as a validator for dYdX, Stride, and a member of the Stride dYdX liquid staking set, fully supports the proposal to enhance economic security measures for the dYdX Chain. With the network’s rapid growth, the risk of malicious activities targeting it has increased. Therefore, we must take steps …

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 Chai…

Based on the feedback above from the Foundation, we think it’s best to revisit the proposal’s reward accrual mechanism. The distribution of USDC may lead to unintended tax implications for the community and tokenholders, potentially complicating any benefits gained from diversifying the treasury to …

[DRC] dYdX Community Staking Proposal

dYdX Chain

RoboMcGobo April 3, 2024, 12:48am 61

Hey, just to clarify, the dYdX community treasury will not be eligible for the stDYDX airdrop.

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[DRC] dYdX Community Staking Proposal

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