Review of Epoch 21

dYdX Foundation
Apr 14, 2023

This is the 22nd edition of dYdX Epoch Review, presenting updates from the dYdX community and ecosystem. To learn more, join us on Discord, Twitter, and the Community Forums. A summary of the epoch highlights can be found in this deck.

Epoch 21 Highlights

For Epoch 21 (March 14, 2023, 15:00 UTC - April 11, 2023, 15:00 UTC), no addresses were identified as wash trading.

Performance Indicators

Rewards Metrics

Community Treasury

Approximately 766,703 $DYDX vested in the Community Treasury and 3,020,548 $DYDX accrued in the Rewards Treasury over the course of Epoch 21. The dYdX community now has access to 50.6M $DYDX that has accrued in the Community Treasury and Rewards Treasury to use for DAO and community initiatives, contributor grants, liquidity mining, and much more. Learn more about the Community Treasury in our documentation.

Following the successful vote to reduce trading rewards by 45%, effective Epoch 21, an additional 1,294,520 $DYDX will vest to the Rewards Treasury.

Circulating Supply

16.64% of the total $DYDX supply (excluding unearned Retroactive Rewards transferred to the Treasury and the $DYDX vested in the Community Treasury) is considered liquid at the end of Epoch 21. Learn more about the $DYDX allocation in our documentation.

Governance Updates

dYdX Ecosystem Updates

dYdX General Updates

What's Next?

About the dYdX Foundation

Legitimacy and Disclaimer

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