dYdX Foundation receives $86 million from community fund
The non-profit organisation supporting the dYdX protocol has received DYDX 30 million ($86 million) from the dYdX Community Fund following the latest DAO vote. dYdX Foundation is a Swiss entity that aims to support the growth of the dYdX protocol ecosystem through community and developer engagement and maintain decentralised governance. This latest funding will be used to hire and retain talent while scaling the dYdX chain.
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