I still hold DYDX ERC-20 tokens on Ethereum, but as you know the official bridge was shut down. Right now it is almost impossible to swap them fairly on DEXes, since slippage is extremely high (up to 90% loss).
Could you please consider providing a solution for holders who still keep ERC-20 tokens — for example, by reopening the official bridge (even temporarily) or allowing a 1:1 swap into DYDX on dYdX Chain?
This would really help the community and ensure fair migration for all users. Thank you
At present, ERC-20 DYDX liquidity is extremely low. Most major exchanges have stopped supporting ERC-20 deposits, which means that the only available option is to swap via DEX with very high slippage leading to a substantial financial loss. In my case, the potential loss is extremely large compared to the original value. I never signed any documents obligating me to closely follow each and every news and updates of DYDX community. many holders and I were not informed about the conversion. Let’s try to find a solution, because right now this feels like a SCAM.
As this relates to the original proposal to sieze the support of the bridge for DYDX tokens from Ethereum Mainnet to the dYdX Chain please keep the discussion in that thread
This topic will now be closed, all future new topics that relate to this will be closed without further comment.
