dYdX Community Ratifies $60M Treasury Stake For Security Boost

The community of decentralized exchange dYdX has agreed to stake 20 million dYdX Chain tokens with Cosmos staking provider Stride as a security measure. Trading Surge Necessitates New Staking Move dYdX founder Antonio Juliano confirmed the news of the decision on X. Notably, the volume of tokens approved for the staking exercise is valued at The post dYdX Community Ratifies $60M Treasury Stake For Security Boost appeared first on CoinGape .