dYdX community approves the use of a $10 million USDC insurance fund to fund the DAO

金色财经_ · 2026-04-02T13:26:39+00:00

dYdX Foundation announces that the community on-chain vote has passed, approving the use of a $10 million USDC insurance fund, which will be transferred to the Operations Sub-DAO, the Treasury Sub-DAO, and the Foundation, for funding support and ecosystem development. The total insurance fund amount is approximately $17 million USDC.

金色财经_

2026-04-02 13:26:39

Abstract generation in progress

April 2 news: The dYdX Foundation announced that community on-chain voting for #372 has passed, approving the use of the Insurance Fund to provide funding support to the DAO.
The proposal specifically calls for transferring 10 million USDC from the dYdX Chain Insurance Fund to three different entities: 2.5 million USDC to the dYdX Operations Sub-DAO as operating funds, 5 million USDC to the dYdX Treasury Sub-DAO as a discretionary reserve, and 2.5 million USDC to the dYdX Foundation for ecosystem development and governance support. The Insurance Fund currently holds approximately 17 million USDC, of which about 7 million USDC serves as a protocol security buffer.

DYDX-3.85%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.