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    Home » dYdX Community Approves $5 Million DYDX Token Distribution in Latest Incentive Program
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    dYdX Community Approves $5 Million DYDX Token Distribution in Latest Incentive Program

    Max BauerBy Max BauerSaturday, 3 August 2024, 18:16No Comments1 Min Read

    The dYdX community has voted to distribute $5 million worth of DYDX tokens to traders in the fifth season of the incentive program. This decision, made by the dYdX governance, marks a significant step in rewarding active participants and fostering continued engagement on the platform.

    The vote saw a substantial participation rate, with 44 out of 60 Active Set validators and 867 accounts casting their ballots. The results were overwhelmingly in favor of the distribution:

    • 65.52% turnout
    • 89.91% voted Yes
    • 0.10% voted No
    • 9.98% abstained

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