dYdX Governance has approved increasing buybacks to 75% of the protocol’s revenue. This decision reflects ongoing efforts to optimize the protocol’s financial strategy. The buyback increase aims to enhance the long-term value for holders and stakeholders. By allocating a larger portion of revenue for buybacks, the governance seeks to bolster market confidence and reinforce commitment to community interests. The impact of this change is expected to be significant as it aligns with broader market trends in governance-led initiatives.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.


