dYdX Launches $DYDX Buyback Program to Enhance Network Security

dYdX Buyback Program Illustration of a buyback program concept

dYdX Launches $DYDX Buyback Program

The protocol is initiating a buyback program for $DYDX tokens by purchasing them from the open market and staking them to enhance network security.

Background of the Buyback Program

This strategic initiative, endorsed by governance, is being financed by dYdX’s protocol revenue.

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