On June 13, Antonio, CEO and Founder of dYdX Trading Inc., announced the dYdX Company Values. dYdX Foundation has adopted the same values.
dYdX Foundation Values
Think 10x bigger
We challenge ourselves to think 10x bigger. We focus on what we could achieve, rather than trying to protect what we have. We are long term focused, and realize our goals will likely take years to achieve. We make bold decisions, and accept that we will likely not entirely achieve our goals. We are motivated by the chance that we do.
A players only
We only hire world class talent. We do not hire if we have not yet found an A player for a role. We consider an A player to be someone who is top of their field, has high integrity, and whom we genuinely like. We heavily invest in developing employees and retaining top performers.
Act like a founder
We take ultimate responsibility for our areas of focus. We act as owners, and always push for what we each think is best for dYdX. We take initiative to champion value-add initiatives even when we are not directly told to do so. We assume authority. We think from first principles and empower ourselves to be great decision makers.
Ruthlessly prioritize impact
We exclusively focus on driving exponential outcomes for dYdX. We ruthlessly prioritize and continuously ensure we are working on the highest value tasks. We are not distracted by things that do not drive us towards our goal.
Decentralize through transparency
We believe that in order to decentralize ownership, decision making, and execution we must empower our teammates and the community with knowledge. We default to sharing as openly as we can, and prioritize clear and concise communication. We are honest and prioritize speaking plainly over sugar coating our messaging.
Move fast
We believe that in almost all instances, fast is better than slow. We believe progress is exponential, and moving faster increases our exponent. We prioritize moving fast over always being right.
We encourage the community to consult the full version of dYdX Trading Inc.’s blog post on the dYdX Company Values, including the FAQs section included therein.
dYdX Foundation
The dYdX Foundation was created to foster community-led growth and the self-sustainability of the dYdX protocol. At the dYdX Foundation, we take inspiration from the dYdX Trading team in many regards, and we support and are generally aligned with the dYdX Company Values. Alignment on their respective set of values will assist the dYdX Foundation and dYdX Trading on their respective journeys to build a best-in-class governance framework and the world’s leading crypto trading platform.
About the dYdX Foundation
Legitimacy and Disclaimer
Crypto-assets can be highly volatile and trading crypto-assets involves risk of loss, particularly when using leverage. Investment into crypto-assets may not be regulated and may not be adequate for retail investors. Do your own research and due diligence before engaging in any activity involving crypto-assets.
dYdX is a decentralised, disintermediated and permissionless protocol, and is not available in the U.S. or to U.S. persons as well as in other restricted jurisdictions. The dYdX Foundation does not operate or participate in the operation of any component of the dYdX Chain's infrastructure.
The dYdX Foundation’s purpose is to support the current implementation and any future implementations of the dYdX protocol and to foster community-driven growth in the dYdX ecosystem.
The dYdX Chain software (including dYdX Unlimited) is open-source software to be used or implemented by any party in accordance with the applicable license. At no time should the dYdX Chain and/or its software or related components (including dYdX Unlimited) be deemed to be a product or service provided or made available in any way by the dYdX Foundation. Interactions with the dYdX Chain software (including dYdX Unlimited) or any implementation thereof are permissionless and disintermediated, subject to the terms of the applicable licenses and code. Users who interact with the dYdX Chain software, i ncluding dYdX Unlimited (or any implementations thereof) will not be interacting with the dYdX Foundation in any way whatsoever. The dYdX Foundation does not make any representations, warranties or covenants in connection with the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited), including (without limitation) with regard to their technical properties or performance, as well as their actual or potential usefulness or suitability for any particular purpose, and users agree to rely on the dYdX Chain software (or any implementations and/or components thereof, including dYdX Unlimited) “AS IS, WHERE IS”.
Nothing in this post should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. Users should conduct their own research and due diligence before making any decisions. The dYdX Foundation may alter or update any information in this post in the future at its sole discretion and assumes no obligation to publicly disclose any such change. This post is solely based on the information available to the dYdX Foundation at the time it was published and should only be read and taken into consideration at the time it was published and on the basis of the circumstances that surrounded it. The dYdX Foundation makes no guarantees of future performance and is under no obligation to undertake any of the activities contemplated herein.
Depositing into the MegaVault carries risks. Do your own research and make sure to understand the risks before depositing funds. MegaVault returns are not guaranteed and may fluctuate over time depending on multiple factors. MegaVault returns may be negative and you may lose your entire investment.The dYdX Foundation does not operate or has control over the MegaVault and has not been involved in the development, deployment and operation of any component of the dYdX Unlimited software (including the MegaVault).
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