dYdX Foundation Proposes New Revenue Allocation for Protocol

According to BlockBeats, the dYdX Foundation has announced a new proposal to adjust the revenue distribution of the dYdX protocol. The proposal outlines that the current protocol income will be allocated as follows: 75% will be used for DYDX buybacks, 5% will be directed towards Megavault liquidity, and another 5% will be added to the treasury. Voting on this proposal is now underway.