dYdX Exchange to Unlock Over $14 Million in Tokens for Community and Trading Rewards

August 29, 2023 marks a significant step for dYdX, a decentralized exchange, as it plans to unleash $14.02 million in its unique DYDX tokens. The company is directing this financial move to bolster its community treasury as well as reward traders and those who provide liquidity to the platform. Scheduled for today, dYdX will make 6.52 million DYDX tokens available, which is nearly 3.8% of all circulating DYDX tokens. Of this number, 2.49 million tokens, will go into the communitys treasury chest. This treasury is essential for funding various community-based projects, providing grants to...

source: https://tokenpost.com/dYdX-Exchange-to-Unlock-Over-14-Million-in-Tokens-for-Community-and-Trading-Rewards-10592

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Published by: Book Club
Source: NewsService