dYdX: Fully decentralized governance in the hands of the community! 🏛️🗳️
dYdX is one of the bright examples of true decentralization in DeFi. By June 2025, governance of the protocol will be entirely in the hands of DYDX token holders. Through on-chain voting, the community makes decisions on:
Changes to the protocol: New features, trading parameters.
Allocation of treasury funds: Financing initiatives for ecosystem development.
Listing of new markets: Adding new trading pairs. This model ensures transparency, resilience, and accountability, which are the foundations of Web3.