The dYdX community opens a vote on the “Approval of MEV Reduction Strategy” proposal
On November 29th, the dYdX community initiated a proposal vote for the "Approval of MEV Social Mitigation Strategy". The voting will end on December 3rd, 2023 at 13:49 UTC.
The proposal aims to launch a social strategy to reduce MEV by appointing a committee funded by grant money, representing active validators. The MEV Reduction Committee will consist of 7 members with a term of 6 months and a budget of $84,000 ($2,000 per member per month).
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
SUI Token Surges as Analysts Highlight Promising Patterns and Predictions
In Brief SUI token demonstrates strong performance with significant recent price increases. Technical patterns suggest potential bullish trends and buying opportunities. Analysts project ambitious targets, including a possible rise to $10 or more.
STX Token Surges as New Financial Opportunities Emerge in the Stacks Ecosystem
In Brief The STX token has surged by 56%, reaching a two-month high. BitGo introduced sBTC to enhance Bitcoin's usability in decentralized finance. Liquidity in the Stacks ecosystem is increasing, attracting more users and developers.
U.S. stocks opened, S&P 500 rose 0.1%
Uniswap Web App Adds LP Rewards Function
Trending news
MoreCrypto prices
More
