[DRC] - dYdX Surge Season 7 Distribution Proposal - Recinded

Update

This proposal has been rescinded and will not proceed to an on-chain vote.

Following feedback from the community and in light of significant volatility observed around October 10, Chaos Labs has prepared a revised proposal using a 7-day TWAP. The updated proposal reflects the same total reward framework and objectives but recalculates allocations to account for this one-time adjustment.

Please refer to the new proposal here: [link to new proposal]

Future seasons will continue to use the 30-day TWAP methodology to maintain consistency and predictability in the incentive distribution framework.

Please can we ask validators to vote against proposal #306 and vote for the updated proposal being posted shortly.

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