The dYdX community has initiated an on-chain vote to allocate $10 million USDC from its insurance fund to address operational funding pressures caused by a decline in the DYDX token price. The vote, set to conclude on April 2, 2026, will decide on distributing $2.5 million USDC each to the dYdX Operations SubDAO and the dYdX Foundation, and $5 million USDC to the dYdX Treasury SubDAO.
The insurance fund currently holds approximately $17 million USDC. Stress tests suggest maintaining a minimum buffer of $7 million USDC to cover most adverse scenarios, ensuring the fund's resilience.
dYdX Community Votes on $10 Million USDC Allocation Amid Token Price Drop
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