dYdX Treasury SubDAO Charter Approved with Board Changes

AI Summary

According to PANews, the dYdX Foundation announced the approval of proposal #238, which received community support for the formal ratification of the dYdX Treasury SubDAO charter and the replacement of a Class B director. The voting process involved 39 validators and 504 accounts, achieving a participation rate of 56.08%. The proposal saw overwhelming support, with 91.62% in favor, 8.38% abstaining, and no votes against.