dYdX Treasury SubDAO Staking Program - Periodic Review #1

subDAOs
1

Summary

The Treasury SubDAO has conducted its first periodic review. The Treasury SubDAO will conduct re-delegation operations shortly after the release of this update.

Background

As part of the staking program, the dYdX Treasury SubDAO has the responsibility to periodically review and rebalance its delegation when appropriate; the review of the delegation shall occur at least on quarterly basis. The initial delegation occurred on November 18 2024, and the Treasury subDAO has performed its periodic review of its delegations based on previously-established principles for delegation and validator scoring criteria, as well as community feedback on methodology and delegation.

Programme Update

  • Delegated DYDX Token: 45M

  • Accumulated USDC (before fees*): 453,512.83 (as of Jan 28, 2025)

Details on Delegation Rebalancing

Initial delegation

  • Allnodes
  • AutoStake
  • BinanceNode
  • Chorus One
  • Coinbase
  • coinhall .org
  • Cosmic Validator
  • Cosmostation
  • Crosnest
  • Crypto Learning Club
  • CryptoCrew X Defi Dojo
  • Dora Factory
  • ECO Stake
  • Enigma
  • Figment
  • Imperator .co
  • Informal Systems
  • Keplr
  • Kiln
  • Kingnodes
  • Lavender.Five Nodes
  • Ledger by Meria
  • Meria
  • Nodes.Guru
  • OKX Earn
  • Pareto
  • polkachu .com
  • PRO Delegators
  • Silk Nodes
  • Smart Stake
  • Stakecito
  • Staked
  • TTT VN
  • Validation Cloud

New Delegation

  • Allnodes
  • AutoStake
  • Chorus One
  • Cosmic Validator | 100% Uptime
  • Cosmostation
  • Crosnest
  • Crypto Learning Club | dYdX Validator
  • CryptoCrew X Defi Dojo
  • DragonStake
  • Enigma
  • Figment
  • Frens
  • Imperator.co
  • Informal Systems
  • Keplr
  • Kiln
  • Kingnodes
  • Lavender.Five Nodes
  • Nansen
  • Nocturnal Labs
  • P2P.ORG - P2P Validator
  • polkachu.com
  • Provalidator
  • RHINO
  • Silk Nodes
  • Skycatcher
  • Smart Stake
  • Stakecito
  • strangelove
  • TTT VN

Long-term vision and next steps

The Treasury SubDAO will conduct re-delegation to the selected validators in the coming days. We are committed to reviewing delegations at least quarterly, to encourage continuous improvement and positive contributions. The Treasury SubDAO will continue to monitor various discussions arising in dYdX and review delegations as needed.

Other Information / Helpful Links

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To make the information easier to digest, I’ll add the following—at least, that’s how I interpreted your post:

Who is new in the new delegation list?

These entities were not present in the initial delegation list but appear in the new delegation list:

  • DragonStake
  • Frens
  • Nansen
  • Nocturnal Labs
  • P2P Validator
  • Provalidator
  • RHINO
  • Skycatcher
  • strangelove

Who lost delegation from the initial list?

These entities were present in the initial delegation list but are no longer included in the new delegation list:

  • BinanceNode
  • Coinbase
  • coinhall .org
  • ECO Stake
  • Ledger by Meria
  • Meria
  • Nodes.Guru
  • OKX Earn
  • Pareto
  • PRO Delegators
  • Staked
  • Validation Cloud
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Gm @RealVovochka,

Thanks for the clarity—it really helps. :ok_hand:

Shoutout to the @karpatkeyteam too. It’s great to see the staking program evolving and adapting. Well done!

Delegation can be tough and often attracts criticism. I appreciate your patience, comms, diligence, and proactive approach.

See ya’ll on dYdX Chain :handshake:

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Status Update (Feb 4, 2025)
The re-delegation has been conducted to the selected validators.

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