10% of the total supply of DYDX has been staked for the protection of dYdX chain, with validators' APR exceeding 20%
David Gogel, Deputy CEO of Strategy and Operations at the dYdX Foundation, posted on social media that currently 100 million DYDX (10% of total supply) have been staked to protect the dYdX chain. Validators and stakers can now earn an annualized return of 21.24% (7-day average).
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
Data: 10.3681 million SYRUP transferred from Syrup.fi, routed through intermediaries and flowed into Wintermute
Sahara AI: No unlocks or security incidents have occurred, investigation into abnormal market fluctuations is ongoing
CertiK: Approximately $127 million in confirmed losses from attacks, hacks, and scams in November
Trending news
MoreCrypto prices
More
