⚡🎯 DYDX APPROVES THE 75% BUYBACK OF PROTOCOL REVENUE 🎯⚡
The dYdX Foundation has announced that the protocol community has voted in favor of a key proposal: to allocate 75% of the revenue generated by the protocol for the buyback of DYDX tokens on the market.
The decision, effective immediately, represents a strategy to support the value of the token and a mechanism for direct redistribution of the ecosystem's success to the holders.
In addition to the buyback, the new allocation scheme stipulates that 5% of the protocol's revenue will be allocated to the Treasury SubDAO, responsible for financial management and reserves, and an additional 5% to the MegaVault, a fund dedicated to growth and security of the ecosystem.
This initiative strengthens the decentralized governance model of dYdX and demonstrates how the community continues to promote sustainable policies aimed at creating long-term value for the entire DeFi ecosystem of the protocol.
