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dYdX community votes to stake $60 million from treasury to boost security

dYdX community votes to stake $60 million from treasury to boost security

The community of decentralized derivatives exchange dYdX has voted to stake 20 million dYdX Chain tokens, worth about $60 million at current prices, with Cosmos staking provider Stride in order to boost the economic security of the network and encourage stake diversity among its community.  The staked tokens will earn USDC rewards, which will be […]

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Author: Zack Abrams


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