Epoch 11: Adding 15 New Assets to the Starkware Priority Timelock Executor
AI summary
This proposal seeks to add 15 new cryptocurrency assets to the dYdX platform's Starkware Priority Timelock Executor. This means these assets, including popular tokens like ApeCoin (APE), Stepn (GMT), and Shiba Inu (1000SHIB), would become available for perpetual futures trading on dYdX. The motivation for each asset is based on its trading volume, retail interest, and market relevance.
If this proposal passes, dYdX users will gain access to a wider range of trading pairs, potentially increasing trading activity and platform revenue. Traders interested in these specific assets will benefit from new opportunities, while the platform itself could attract more users. There are no clear losers, but the platform takes on the risk associated with supporting more assets.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
This is a follow-up to the previous proposal, with more assets added: https://snapshot.org/#/dydxgov.eth/proposal/0xf18fef845ef6820243d77b518cdf7c03820c1199e88c375548062d06a8bf0e0c
Summary
We propose adding the following assets to the Starkware Priority Timelock Executor:
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ApeCoin (APE) Motivation: Since launching, APE has been very actively traded across multiple perpetual exchanges, with strong retail demand for NFT related assets. 24h Perpetual Volumes: $515M
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Stepn (GMT) Motivatio…