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Meet the Delegates Ep 3

dYdX Foundation
Sep 2, 2022

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.'

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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