DYDX buyback
The dYdX community has voted in favor of a proposal that allocates 75% of protocol earnings for a buyback of DYDX tokens. This decision reflects the community’s commitment to enhancing the value of the DYDX token. By directing a significant portion of earnings toward buybacks, the proposal aims to create a positive impact on the token’s market performance. The community’s approval indicates strong support for measures that could potentially benefit token holders. Overall, this move is seen as a strategic effort to bolster the ecosystem surrounding the dYdX protocol.
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