The dYdX community opens a vote on the “Approval of MEV Reduction Strategy” proposal
On November 29th, the dYdX community initiated a proposal vote for the "Approval of MEV Social Mitigation Strategy". The voting will end on December 3rd, 2023 at 13:49 UTC.
The proposal aims to launch a social strategy to reduce MEV by appointing a committee funded by grant money, representing active validators. The MEV Reduction Committee will consist of 7 members with a term of 6 months and a budget of $84,000 ($2,000 per member per month).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
