dYdX Foundation Proposes Treasury Update to Enhance Cash Flow Management

According to Foresight News, the dYdX Foundation has introduced a temporary update proposal for its treasury. This proposal includes changes to the subDAO's charter and board members. Additionally, the plan aims to expand buyback locations to include off-market buybacks. Through off-market buybacks, the dYdX treasury can assist in improving the cash flow management of the dYdX DAO and help reduce transaction costs. The proposal is set to conclude on April 14.