Derivatives exchange dYdX to become '100% decentralized by EOY’

840 aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDQvOWNjMGI4NGItYTdjNS00ZDI3LTljMGYtMzRlODEwZDA4N2VmLmpwZw EfHjMi

dYdX said that it is looking at full decentralization to offer its users advantages of DeFi that centralized services can’t.
Ethereum Layer 2-based crypto derivatives trading platform dYdX has vowed to become “100% decentralized by EOY” via the protocol’s V4 update. dYdX primarily offers perpetual contracts, which are derivatives products that borrow elements from both spot margin trading and futures trading but do not have an expiry date. At present only certain components of dYdX are decentralized, including its Ethereum smart contracts, governance and staking. However its “orderbook and matching engine” are managed by dYdX Trading Inc. — the team that developed the platform. dYdX announced the V4 update on Twitter yesterday with a new roadmap outlining that: “You are not ready.” #DYDX will be 100% decentralized by EOY. You are not ready.https://t.co/0StvepVlgb— dYdX (@dYdX) April 19, 2022

In a blog dY

Czytaj więcej

We współpracy z: https://cointelegraph.com/news/derivatives-exchange-dydx-to-become-100-decentralized-by-eoy

Total
0
Shares
Dodaj komentarz

Podobne Wpisy