The dYdX governance team plans to distribute $100,000 to traders who suffered losses due to liquidation in the first two weeks of December.
the dYdX Foundation posted on platform X that the dYdX governance team is reviewing a proposal to distribute a total of 100,000 USD worth of DYDX tokens to the top 100 affected traders who incurred actual losses due to forced liquidations in the first two weeks of December.
This is the first disbursement of funds on a biweekly basis under the community-approved $1 million liquidation rebate pilot program.
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
Tokenized Gold Market Cap Surpasses $4.2 Billion, with XAUT and PAXG Holding Approximately 89% Market Share
Norwegian Sovereign Wealth Fund Supports All Management Proposals of Metaplanet at Shareholders' Meeting

