DYdX Initiates New Round of Voting to Determine Community's Stance on Vault Spread Reduction

According to Odaily, dYdX has announced on platform X the commencement of a new round of voting. The purpose of this voting round is to ascertain whether the community supports the reduction of the Vault spread from 100 bps to 30 bps. The proposal voting is reported to conclude on June 14, 2024, at 13:50 UTC. This democratic approach allows the community to have a say in the decision-making process, ensuring that the changes reflect the majority's opinion. The outcome of this vote could potentially influence the future operations and strategies of dYdX. However, the final decision will be based on the majority vote of the community. The results of the vote will be eagerly awaited by the community and stakeholders alike.