{"id":47163,"date":"2021-08-03T20:47:36","date_gmt":"2021-08-03T17:47:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47163"},"modified":"2025-09-01T19:58:50","modified_gmt":"2025-09-01T16:58:50","slug":"defi-platform-dydx-to-issue-governance-token-and-distribute-it-to-users","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/defi-platform-dydx-to-issue-governance-token-and-distribute-it-to-users\/","title":{"rendered":"DeFi platform dYdX to issue governance token and distribute it to users"},"content":{"rendered":"<p>The non-custodial trading platform dYdX will issue a governance token, part of which will be distributed among users via an airdrop.<\/p>\n<p><!--more--><\/p>\n<p>On the project&#8217;s site <a href=\"https:\/\/docs.dydx.community\/dydx-governance\/rewards\/retroactive-mining-rewards\">\u0433\u043e\u0432\u043e\u0440\u0438\u0442\u0441\u044f<\/a>, that 75,000,000 DYDX (7.5% of the supply) will be available to users who used the platform before July 26, 2021.<\/p>\n<p>To participate in the airdrop, users will need to meet certain trading-volume targets.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUsers who completed trades on the second-layer protocol dYdX can earn the tokens,\u201d explained the platform&#8217;s representatives.<\/p>\n<\/blockquote>\n<p>The table below shows the token distribution options for traders based on the amounts deposited and trading turnover during the \u201cfirst 28-day epoch\u201d (Epoch 0).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"489\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/buckets-1024x489.png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 dYdX \u0432\u044b\u043f\u0443\u0441\u0442\u0438\u0442 \u0442\u043e\u043a\u0435\u043d \u0443\u043f\u0440\u0430\u0432\u043b\u0435\u043d\u0438\u044f \u0438 \u0440\u0430\u0441\u043f\u0440\u0435\u0434\u0435\u043b\u0438\u0442 \u0435\u0433\u043e \u0441\u0440\u0435\u0434\u0438 \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439\" class=\"wp-image-144605\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/buckets-1024x489.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/buckets-300x143.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/buckets-768x367.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/buckets-1536x733.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/buckets-2048x978.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/docs.dydx.community\/dydx-governance\/rewards\/retroactive-mining-rewards\">dYdX<\/a>.<\/figcaption><\/figure>\n<p>Activity level data and the corresponding distribution variant can be viewed in the <a href=\"https:\/\/trade.dydx.exchange\/portfolio\/rewards\">special section of the site<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cUsers can reach their targets to receive tokens by the end of Epoch 0. All unclaimed rewards will be forfeited and automatically directed to the community treasury,\u201d the project site says.<\/p>\n<\/blockquote>\n<p>The developers also announced the launch of the dYdX Foundation \u2014 an independent organisation headquartered in Zug, Switzerland.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are excited to announce the launch of <a href=\"https:\/\/twitter.com\/dydxfoundation?ref_src=twsrc%5Etfw\">@dydxfoundation<\/a>, an independent foundation headquartered in Zug, Switzerland<\/p>\n<p>This is the first important step in the journey towards the dYdX Protocol\u2019s complete decentralization. Read more: <a href=\"https:\/\/t.co\/EDHowY34ey\">https:\/\/t.co\/EDHowY34ey<\/a><\/p>\n<p>\u2014 dYdX (@dydxprotocol) <a href=\"https:\/\/twitter.com\/dydxprotocol\/status\/1422594397577916420?ref_src=twsrc%5Etfw\">August 3, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to them, this is an important step toward the full decentralisation of the dYdX protocol. The key element of the new governance system is to be the DYDX token, through which users will be able to vote on new proposals and platform features.<\/p>\n<p>The diagram below shows the distribution structure of the DYDX token over a five-year period.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"356\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-800x356-1.png\" alt=\"DeFi-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0430 dYdX \u0432\u044b\u043f\u0443\u0441\u0442\u0438\u0442 \u0442\u043e\u043a\u0435\u043d \u0443\u043f\u0440\u0430\u0432\u043b\u0435\u043d\u0438\u044f \u0438 \u0440\u0430\u0441\u043f\u0440\u0435\u0434\u0435\u043b\u0438\u0442 \u0435\u0433\u043e \u0441\u0440\u0435\u0434\u0438 \u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439\" class=\"wp-image-144606\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/image-800x356-1.png 800w, https:\/\/u1f987.com\/wp-content\/uploads\/image-800x356-1-300x134.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/image-800x356-1-768x342.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><figcaption>Data: <a href=\"https:\/\/dydx.foundation\/blog\/en\/introducing-dydx-token\">\u0431\u043b\u043e\u0433 dYdX<\/a>.<\/figcaption><\/figure>\n<p>DYDX distribution excludes traders from the United States and some other jurisdictions, the list of which is not specified.<\/p>\n<p>Earlier this year, in February, dYdX <a href=\"https:\/\/u1f987.com\/en\/news\/dydx-launches-cross-margined-perpetuals-on-layer-2-in-ethereum\">introduced<\/a> the second-layer protocol, and in April <a href=\"https:\/\/u1f987.com\/en\/news\/dydx-launches-cross-margined-perpetuals-on-layer-2-in-ethereum\">launched<\/a> perpetual swaps on top of it.<\/p>\n<p>In June <a href=\"https:\/\/u1f987.com\/en\/news\/defi-platform-dydx-closes-65-million-series-c-led-by-paradigm-and-other-investors\">dYdX raised $65 million<\/a> from a16z, Polychain Capital, Three Arrows Capital, Paradigm and other investors.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 all the news stream, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>DeFi platform dYdX will issue a governance token and distribute it among users via an airdrop.<\/p>\n","protected":false},"author":1,"featured_media":47164,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1158,1093,1337],"class_list":["post-47163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-airdrops","tag-defi","tag-dydx"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=47163"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47163\/revisions"}],"predecessor-version":[{"id":47165,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/47163\/revisions\/47165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/47164"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=47163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=47163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=47163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}