dYdX launches signal proposal to stake 5 million DYDX on pSTAKE Finance

According to the dYdX Foundation’s announcement on the It is recommended that 5 million DYDX tokens be liquidly pledged in a phased manner, as follows: 1. After this signal proposal is passed, 3.5 million DYDX will be liquidly pledged; 2. After the dYdX community conducted a security overview of stkDYDX implementation, 750,000 DYDX were liquidally pledged; 3. After the total stkDYDX TVL exceeded 20 million US dollars, 750,000 DYDX were liquidly pledged. It is reported that Tian proposed to promote liquidity staking DYDX and sending stkDYDX back to the dYdX community treasury through multi-signature of 5 validators: Stakecito, StakeWithUs, StableLab, Provalidator and Nocturnal Labs.