Gate News bot message, DYdX has initiated its token buyback program, acquiring DYDX tokens directly from the open market. The protocol implements this governance-approved initiative by staking the purchased tokens to enhance network security. The current market capitalization of DYDX stands at $495 million. Source: Twitter
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DYdX Launches Revenue-Backed Token Buyback and Staking Program
Gate News bot message, DYdX has initiated its token buyback program, acquiring DYDX tokens directly from the open market. The protocol implements this governance-approved initiative by staking the purchased tokens to enhance network security. The current market capitalization of DYDX stands at $495 million. Source: Twitter