dYdX Foundation Grants Proposal
passed
Expected result
—
Turnout / Quorum
68.16% / 33.40%
100.00%
69 968 994 719 019 556 864 axl
Yes
0%
0 axl
No
0%
0 axl
Veto
0%
0 axl
Abstain
Details
Proposer
dydx1veml9un8a9xgqzlq...
Total deposit
1 000 000 000 000 axl
Submit time
2025.08.01 at 12:08:44
Deposit end time
2025.08.02 at 12:08:44
Description
We are seeking community approval to:
- Authorise the transfer of $8M in DYDX (14,285,714.29 DYDX calculated using a 30-day TWAP at a $0.56 DYDX token price) from the dYdX Chain Community Treasury to a wallet owned and controlled by dYdX Grants Ltd.
- Wind down the existing dYdX Ecosystem Development Program (DEP) and dissolve the dYdX Ecosystem Development Trust, a Guernsey non-charitable purpose trust.
- Assign all ongoing or continuing DEP grant obligations to dYdX Grants Ltd.
- Transfer any remaining assets from DEP to dYdX Grants Ltd., including but not limited to USDC and DYDX tokens, web content, websites, and other intellectual property rights or assets. Forum Post
Votes
Voter
Answer