This is the 28th edition of dYdX Epoch Review, presenting updates from the dYdX community and ecosystem. To learn more, join us on Discord, Twitter, and the Community Forums.
Epoch 27 Highlights
- For Epoch 27 (August 29 at 15:00 UTC and ended on September 26 at 15:00 UTC). No addresses were identified as wash trading during Epoch 27.
Performance Indicators
Trading Rewards: 1,582,192 DYDX were earned over the course of Epoch 27 and will be distributed to 4,354 traders.
LP Rewards: 575,342 DYDX were earned over the course of Epoch 27 and will be distributed to 55 addresses who were eligible for LP rewards in Epoch 27. 49 market makers (5 new, 44 existing) meeting the 0.25% threshold in Epoch are now eligible to earn rewards in Epoch 28. Learn more about the LP Rewards in our documentation, or our blog posts.
Community Treasury
Approximately 766,703 $DYDX vested in the Community Treasury and 3,595,890 $DYDX accrued in the Rewards Treasury over the course of Epoch 27.
The dYdX community now has access to 70.1M $DYDX that has accrued in the Community Treasury and Rewards Treasury to use for DAO and community initiatives, contributor grants, liquidity mining, and much more. Learn more about the Community Treasury in our documentation.
Circulating Supply
18.59% of the total $DYDX supply (excluding unearned Retroactive Rewards transferred to the Treasury and the $DYDX vested in the Community Treasury) is considered liquid at the end of Epoch 27. Learn more about the $DYDX allocation in our documentation.
Governance Updates
dYdX Discussion Updates
dYdX Ecosystem
General Updates
What's Next?
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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