dYdX plans to allocate 75% of its revenue for buybacks? A new proposal has been opened for voting.

2025-11-12 11:24:17

Abstract generation in progress

[Block Rhythm] The dYdX Foundation is making significant moves this time. The yield distribution adjustment plan just launched on November 12 has already entered the voting stage.

This proposal is quite interesting—protocol revenue needs to be reallocated: a large portion is allocated for buybacks, with 75% directly used to buy DYDX; the remaining is more restrained, with 5% for the Megavault liquidity pool, and the treasury keeps 5% as a reserve.

To be honest, putting three-quarters of the revenue into buybacks is quite aggressive. For token holders, this is a direct benefit, but some are worried that the national treasury reserves might be too thin. The 5% from Megavault is probably to ensure sufficient on-chain trading depth, after all, in a decentralized derivatives exchange, liquidity is crucial.

Now we are waiting for the community voting results. Will DYDX holders approve?

DYDX-4,46%

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