The new “Meet the Delegates'' series by the governance ambassadors helps the dYdX community to get to know their delegates! We have Vitalii for this episode, who is an Endorsed Delegate for the dYdX community!
In addition to this blog, Vitalii has kindly prepared a presentation with his introduction and details.
What is delegation?
As the dYdX protocol moves towards full decentralization (read the V4 announcement here and the announcement of the dYdX Chain here), delegates are needed to help ensure community-led growth, development, and the self-sustainability of the dYdX protocol.
Delegation provides an opportunity for more community members to get involved with governance, and when you delegate the voting power of your tokens, you retain 100% ownership of the token itself. There are no changes to the way you use or hold the token. You can choose anyone who you believe will participate in dYdX governance and can represent what you want this ecosystem to become.
Currently, $DYDX and stk$DYDX holders have control over market listings, capital allocations to market makers, allocation of the community treasury, and much more (see the full list of governance parameters here). Community-controlled governance parameters will increase in the future, and competent delegates are essential to push the dYdX protocol forward.
If you hold DYDX and/or stkDYDX but have no time to review proposals, or you don't have enough information about potential delegates, consider delegating the proposing power and/or voting power of your tokens to an Endorsed Delegate to support decentralization and better decision-making on the dYdX protocol. You can review the Endorsed Delegate's profiles and pitches here and delegate voting power and prosing power here.
In the third episode of this series, Vitalii presents a background of himself and how he can contribute to the dYdX community.
Vitalii
- Commonwealth name: Vitalii
- Discord ID: @hamster Marlboro#0295
- Twitter handle: @VitaliyZuev5
Prior to starting his crypto journey, Vitalii managed sales and marketing for various multinational corporations like Unilever, Mars, and Johnson & Johnson for the CIS community. He had been full-time in crypto since 2019, proclaims he is already a 'grandfather' by crypto standards, and is a self-proclaimed expert in Web3, DeFi and NFTs!
Vitalii started his journey on dYdX at the beginning of 2022, sees great potential in the protocol and the ecosystem, and wants to help dYdX gain global brand awareness and market share. Being a native Russian speaker, Vitalii aims to onboard Russian-speaking communities of up to 100,000 members onto dYdX through various initiatives like translations of content to Russian and active engagements in these communities.
Vitalii's main skills as an Endorsed Delegate are:
- Daily discord community engagement
- Participate in AMAs and Hedgies community events
- Various contributions to product feedback, community engagement campaigns and technical development suggestions
- Speaks English and Russian
- Experienced team player
- Translates all things dYdX to Russian
Quotes from Vitalii's endorsed delegate profile:
'At the beginning of 2022, I found out about the dYdX project and from that moment I have been in love with it. I see great potential in the project, a great future and I want to help the project gain global market leadership. For many years of work in large corporations, I have learned to interact with different people and know how to work in a team. I can find a common language and negotiate with everyone.'
About the dYdX Foundation
Legitimacy and Disclaimer
Crypto-assets can be highly volatile and trading crypto-assets involves risk of loss, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be adequate for retail investors. Do your own research and due diligence before engaging in any activity involving crypto-assets.
dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.
The dYdX Foundation’s purpose is to support the current implementation and any future implementations of the dYdX protocol and to foster community-driven growth in the dYdX ecosystem.
The dYdX Chain software (including dYdX Unlimited) is open-source software to be used or implemented by any party in accordance with the applicable license. At no time should the dYdX Chain and/or its software or related components (including dYdX Unlimited) be deemed to be a product or service provided or made available in any way by the dYdX Foundation. Interactions with the dYdX Chain software (including dYdX Unlimited) or any implementation thereof are permissionless and disintermediated, subject to the terms of the applicable licenses and code. Users who interact with the dYdX Chain software, i ncluding dYdX Unlimited (or any implementations thereof) will not be interacting with the dYdX Foundation in any way whatsoever. The dYdX Foundation does not make any representations, warranties or covenants in connection with the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited), including (without limitation) with regard to their technical properties or performance, as well as their actual or potential usefulness or suitability for any particular purpose, and users agree to rely on the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited) “AS IS, WHERE IS”.
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. Users should conduct their own research and due diligence before making any decisions. The dYdX Foundation may alter or update any information in this post in the future at its sole discretion and assumes no obligation to publicly disclose any such change. This post is solely based on the information available to the dYdX Foundation at the time it was published and should only be read and taken into consideration at the time it was published and on the basis of the circumstances that surrounded it. The dYdX Foundation makes no guarantees of future performance and is under no obligation to undertake any of the activities contemplated herein.
Depositing into the MegaVault carries risks. Do your own research and make sure to understand the risks before depositing funds. MegaVault returns are not guaranteed and may fluctuate over time depending on multiple factors. MegaVault returns may be negative and you may lose your entire investment.The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of any component of the dYdX Unlimited software (including the MegaVault).
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