On June 13, Antonio, CEO and Founder of dYdX Trading Inc., announced the dYdX Company Values. dYdX Foundation has adopted the same values.
dYdX Foundation Values
Think 10x bigger
We challenge ourselves to think 10x bigger. We focus on what we could achieve, rather than trying to protect what we have. We are long term focused, and realize our goals will likely take years to achieve. We make bold decisions, and accept that we will likely not entirely achieve our goals. We are motivated by the chance that we do.
A players only
We only hire world class talent. We do not hire if we have not yet found an A player for a role. We consider an A player to be someone who is top of their field, has high integrity, and whom we genuinely like. We heavily invest in developing employees and retaining top performers.
Act like a founder
We take ultimate responsibility for our areas of focus. We act as owners, and always push for what we each think is best for dYdX. We take initiative to champion value-add initiatives even when we are not directly told to do so. We assume authority. We think from firstprinciples and empower ourselves to be great decision makers.
Ruthlessly prioritize impact
We exclusively focus on driving exponential outcomes for dYdX. We ruthlessly prioritize and continuously ensure we are working on the highest value tasks. We are not distracted by things that do not drive us towards our goal.
Decentralize through transparency
We believe that in order to decentralize ownership, decision making, and execution we must empower our teammates and the community with knowledge. We default to sharing as openly as we can, and prioritize clear and concise communication. We are honest and prioritize speaking plainly over sugar coating our messaging.
We believe that in almost all instances, fast is better than slow. We believe progress is exponential, and moving faster increases our exponent. We prioritize moving fast over always being right.
We encourage the community to consult the full version of dYdX Trading Inc.’s blog post on the dYdX Company Values, including the FAQs section included therein.
The dYdX Foundation was created to foster community-led growth and the self-sustainability of the dYdX protocol. At the dYdX Foundation, we take inspiration from the dYdX Trading team in many regards, and we support and are generally aligned with the dYdX Company Values. Alignment on their respective set of values will assist the dYdX Foundation and dYdX Trading on their respective journeys to build a best-in-class governance framework and the world’s leading crypto trading platform.
Legitimacy & Disclaimer
dYdX Foundation’s purpose is to support and grow the dYdX protocol ecosystem by enabling communities, developers, and decentralized governance.
Nothing in this post should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. The dYdX community is sovereign to make decisions freely from time to time, in accordance with the governance rules, principles, and mechanisms adopted by the dYdX DAO. Community discussion and interaction on the contents of this post are encouraged. The dYdX Foundation does not directly participate in governance decisions to be made by the dYdX community, including, without limitation, by making and/or voting on governance proposals. The dYdX Foundation may change, update or complement its analysis or opinions expressed in this post in the future and assumes no obligation to publicly disclose any such change or update. This post is solely based on the information available to the dYdX Foundation at the time it is made and should only be read and taken into consideration at the time it is made and on the basis of the circumstances that surround it.
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