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dYdX Foundation Proposes New Revenue Allocation for dYdX Chain

dYdX Foundation Proposes New Revenue Allocation for dYdX Chain

The dYdX community approved raising token buybacks to 75% of net protocol fees, with additional revenue allocations enhancing network security and treasury resources.

DYDX

Summary

According to an official announcement, the dYdX community voted on proposal #313 to increase the DYDX buyback ratio from 25% to 75% of net protocol fees, effective immediately. Approved by 59.38% of voters, the revised revenue model also allocates 5% of fees to Treasury SubDAO and 5% to MegaVault. The move, part of a broader tokenomics refinement, follows the March 2025 launch of the buyback program and a planned emission reduction in June, aiming to tighten circulating supply and strengthen network security.

Terms & Concepts
  • DYDX buybacks: A process where the protocol repurchases its own DYDX tokens from the market, potentially to reduce supply or support token value.
  • Treasury SubDAO: A decentralized sub-organization managing a portion of protocol funds for operational and strategic purposes.
  • MegaVault: A designated vault mechanism within dYdX’s ecosystem for securing or allocating specific protocol resources and assets.