The dYdX foundation has announced that it has successfully raised $30 million worth of DYDX tokens from the dYdX chain Chain Community Treasury.
The announcement follows a community vote that saw 98% of the votes supporting the Foundation Fundraise proposal.
dYdX Foundation Secures Funding
The vote on the proposal saw a participation rate of 86.4%, indicating strong community backing for the initiative. The funding gives dYdX much-needed leeway, with a three-year operational runway, and supports a comprehensive roadmap that aims to enhance the larger dYdX ecosystem significantly. The fundraising will also allow dYdX to focus on critical areas such as improving governance velocity and impact, fostering decentralized autonomous organization (DAO) enablement, and integrating technical and strategic advancements within the dYdX Chain and its applications.
The funding equals approximately 4% of the 253 million DYDX tokens held in the dYdX community treasury. The funds will be utiliz
We współpracy z: https://cryptodaily.co.uk/2024/02/dydx-foundation-secures-30m-from-community-treasury
