The dYdX Foundation has released a temporary update proposal for the treasury, expanding the buyback plan to OTC buybacks
Apr 10, 2025 21:54:49
ChainCatcher message, the dYdX Foundation has released a temporary update proposal for the treasury, including the charter of the subDAO and changes to the board of directors. Additionally, the proposal plans to expand the buyback venue to over-the-counter buybacks. Through over-the-counter buybacks, the dYdX treasury can help facilitate cash flow management for the dYdX DAO and will also help save on trading costs. The proposal will close on April 14.