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IbrahimXBT @IbrahimXBT on x XXX followers
Created: 2025-07-25 17:35:48 UTC
Real governance, real impact. $dYdX isn’t playing DAO theater. It’s executing.
In the last XX months:
• Over XXXXX proposals passed • More than 8.5M $DYDX used in onchain votes • $DYDX holders decided validator sets, staking parameters, buyback strategies, and even protocol emissions • Treasury spending? Fully transparent. Community signed, not multisig gamed • Veto power? Actively used. Protocol level decisions have been blocked and refined by governance. This isn’t rubber stamp DAO crap
The buyback program is live already. Funded by real yield from trading fees, not token inflation. Over $6M USDC generated and reentering the ecosystem. And it’s all automated, onchain, auditable, no backroom decisions.
IBC Eureka unlocked seamless Cosmos to dYdX bridging. Governance voted it through. Validators implemented it. Traders now move capital in seconds, no wrappers, no bridges. That is execution.
Upcoming: • Perpetual rewards redesign (live discussion now) • Protocol owned liquidity deployment • Strategic treasury allocation vote in Q3 • More control to stakers, less overhead for proposers
This isn’t governance as marketing. It is protocol level coordination with teeth.
If you’re holding $DYDX and not voting, you’re letting someone else dictate protocol direction while you dilute. If you're not staking, you're missing real USDC yield, direct from fees.
Governance here works. Builders can propose. Tokenholders decide. Validators execute.
It’s rare. It’s working. And it’s only just getting dangerous.
XXX engagements
Related Topics protocol staking holders onchain coins dao playing $dydx governance