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dYdX New Proposal: Allocating 100% of Net Trading Fees to DYDX Buyback, Planning to Pilot Program for 3 Months

By: theblockbeats.news|2025/10/30 10:48:00

BlockBeats News, October 30th: A new proposal appeared on the dYdX community forum, suggesting to allocate 100% of dYdX's net trading fees to DYDX token buyback to enhance token value accumulation. The plan is to conduct a three-month experiment. The proposal will be formally submitted on November 3rd.

The current dYdX Chain allocates net transaction fees as follows: 25% for DYDX buyback, 40% for validator and staker staking rewards, 25% for Megavault liquidity, and 10% to the treasury.

Aster has been conducting buybacks for 19 days, with a daily average buyback amount ranging from approximately $1.25 million to $1.4 million.

Law AI startup Harvey has completed a $150 million financing round, led by Andreessen Horowitz