Trading & LP Rewards Formulas
AI summary
This proposal asks if the dYdX protocol should increase rewards for users who stake their DYDX tokens, known as stkDYDX. The dYdX Foundation has put forward a new formula for calculating these rewards, which also affects trading and liquidity provider incentives. The goal is to encourage more users to hold and stake DYDX.
If passed, users who stake DYDX will receive higher rewards, potentially increasing the value and demand for staked DYDX. This could also subtly shift incentives for traders and liquidity providers, though the primary beneficiaries are stkDYDX holders.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
In reference to https://commonwealth.im/dydx/proposal/discussion/2940-drc-update-trading-liquidity-provider-rewards-formulas-to-include-holding-of-stkdydx, should the protocol increase rewards for stakers of DYDX (stkDYDX) as proposed by the dYdX Foundation?