Osmosis DeFi expert Johnny Wyles released a proposal on “dYdX Incentive Spending” in the Osmosis community. The proposal requires the community to pay 205,100 OSMO tokens (approximately $47,000) to incentivize the liquidity of DYDX tokens and wethDYDX tokens on the dYdX chain. Specific expenditures are as follows:
1. Inject 200,000 OSMO into the DYDX/USDC pool within 50 days to provide liquidity for dYdX in Cosmos;
2. Inject 5,000 OSMO into the wethDYDX/USDC pool within 50 days to encourage the spot market of Cosmos V3 DYDX tokens;
3. The cost of creating two dashboards is 50 OSMO each, for a total of 100 OSMO.