As Cipher Labs, we’ve had the opportunity to collaborate with the dYdX Foundation team over the past two years. Our experience with them has been extremely positive, marked by their professionalism and effectiveness. They have played a crucial role in the growth of the dYdX platform.
We fully support the dYdX Foundation’s fundraising proposal. Their efforts in governance, DAO enablement, and technical integrations are vital for the platform’s continued development. The Foundation’s commitment to operational excellence and strategic planning, particularly in hiring and retaining top talent, aligns perfectly with the needs of the dYdX ecosystem.
Given their past success and the clear vision presented in their proposal, we believe the Foundation is well-equipped to use the funds effectively and drive further growth. Cipher Labs is confident in the dYdX Foundation’s ability to continue being a key contributor to the platform’s innovation and development.