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Review of Epoch 22

dYdX Foundation
May 12, 2023

This is the 23rd 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 A summary of the epoch highlights can be found in this deck.

Epoch 22 Highlights

For Epoch 22 (April 11, 2023 15:00 UTC - May 9, 2023 15:00 UTC). No addresses were identified as wash trading during Epoch 22.

Performance Indicators

Rewards Metrics

Community Treasury

Approximately 766,703 $DYDX vested in the Community Treasury and 3,787,251 $DYDX accrued in the Rewards Treasury over the course of Epoch 22. The dYdX community now has access to 54.4M $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

16.91% 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 22. Learn more about the $DYDX allocation in our documentation.

dYdX Governance Updates

dYdX Discussion Updates

dYdX Ecosystem Updates

dYdX 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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