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TL;DR Osmosis, dydX, and Synthetix are leading the pack in the DeFi sector with the most active development. Osmosis, a Decentralized Exchange (DEX) on the Cosmos network, has seen over 169 commits on GitHub in the last 30 days.
The decentralized Cosmos exchange Osmosis has been listed as the most actively developed DeFi project in the last month.
Prosecutors want to lock Bankman-Fried up for decades while his family, friends, and even prison roommates have asked for leniency.
Stride, a multichain liquid staking protocol, has proposed a collaboration with the dYdX community to stake 20 million DYDX tokens, equivalent to $67 million, from its community pool into Stride 2's liquid staking protocol.
Multichain liquid staking protocol Stride is proposing that the dYdX community participate in securing its network through staking 20M DYDX ($67 million) from its community pool with Stride 2's liquid staking protocol.
The increased retail interest paired with growing workloads from algorithmic trading firms were the main reason behind the recent exchange outages, according to dYdX CSO.
Decentralised Exchange (DEX) tokens were among the best performers on Saturday. Uniswap (UNI) token soared by more than 70% while dYdX, Synthetix (SNX), PancakeSwap (CAKE), and THORChain (RUNE) soared by more than 30%. DeFi tokens like AAVE and Lido DAO were among the best performers.
In a landmark move that is set to redefine the landscape of decentralized finance (DeFi), the dYdX community was introduced to an innovative proposal on February 11. The proposal, spearheaded by Chorus One, seeks to democratize the governance process of the dYdX platform.
This week, the Dydx Foundation revealed it has secured a $30 million allocation from the Dydx Chain Community Treasury. This financial infusion is designated to extend the foundation's operational capacity by an additional three years, facilitating the execution of the project's strategic roadmap.
The dYdX foundation has announced that it has successfully raised $30 million worth of DYDX tokens from the dYdX chain Chain Community Treasury.
Boost in governance and adoption on the horizon for dYdX Foundation with treasury funds.
TL;DR The dYdX Foundation secures $30 million for its strategic roadmap. The funds support the development of the platform over the next three years. The allocation receives strong community support, reinforcing decentralized governance. The dYdX Foundation is pleased to announce the successful allocation of $30 million in DYDX from the Community Treasury.
A nonprofit organization that supports the dYdX protocol has secured $30 million in DYDX (10.9 million DYDX) from the dYdX community treasury following the latest DAO vote.
dYdX's strategic shift from Ethereum to Cosmos results in surging trading volumes in January, data gathered by Binance Research shows.
Per the 2024 roadmap, dYdX plans to reduce friction caused by governance requirements for market listings, and also improve the software.
dydx, a firm that believes DeFi will “supersede traditional finance technology,” has published an updated roadmap for 2024. The decentralized exchange (DEX) states that during the year, it will focus on three different areas: Permissionless Markets, Core Trading Improvements, UX/Onboarding Upgrades.
TL;DR dYdX 2024: Financial Democratization: Leader in DeFi, dYdX announces plan to democratize access to financial opportunities. Innovation in DeFi: Focused on Permissionless Marketplaces, Efficient Commerce and UX Improvements. Drive towards Simplification: Target click-to-list marketplaces, business improvements and UX, reaffirming leadership in DeFi.
dYdX Foundation's bold $30M budget proposal secures an overwhelming 98% approval.
With the growing demand for decentralized finance, some DeFi cryptocurrencies can show great growth potential.
$760 million worth of tokens from dYdX, Aptos, The Sandbox, and Avalanche will flood the market this month.
dYdX, a decentralized exchange (DEX), will unlock over 33 million DYDX worth approximately $90 million on February 1. This significant token unlock is the second event in the last week, following a previous unlocking on January 23.
dYdX, a foundation that aids decentralized crypto exchange, has appealed for $30 million in funds from the significant project's governing Decentralized Autonomous Organization [DAO]. These funds will be expended for more than 3 years. Through this, the foundation has made a strategic move to lever up its trading platform with required development initiatives.
The dYdX Foundation, the foundation that supports decentralized exchange dYdX, has requested $30 million in funding from the project's governing decentralized autonomous organization.
Switzerland-based dYdX Foundation, the supporting entity behind the decentralized crypto exchange dYdX, has requested $30 million from the project's decentralized autonomous organization (DAO). The requested funds are intended to be allocated for the next three years.
