Reduce the threshold for receiving liquidity provider rewards to 0.25%
AI summary
This proposal suggests lowering the minimum trading volume required for liquidity providers to earn rewards on the dYdX exchange. Currently, a liquidity provider needs to contribute at least 1% of the total maker volume to qualify for rewards. This proposal aims to reduce that threshold to 0.25% of the maker volume.
If this proposal passes, more liquidity providers, especially smaller ones, will become eligible to receive rewards, potentially increasing competition and overall liquidity on the dYdX exchange. Existing large liquidity providers might see their individual reward share decrease due to more participants.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
In reference to https://commonwealth.im/dydx/discussion/3683-drc-reduce-the-threshold-for-receiving-liquidity-provider-rewards to propose a reduction of the threshold receiving liquidity provider rewards to 0.25% share of only maker volume of the dYdX exchange.
Is the community agreeable to this change?