DeFi Platform DyDx Announces First-Ever Buyback Program: Native Token Jumps 7.5%!

TL;DR dYdX has launched a token buyback program to strengthen network security and improve the utility of its native token. 25% of the protocol’s monthly net fees will be allocated to token buybacks, with the tokens being staked to enhance the network’s resilience. The community has shown interest in increasing the proportion of revenue allocated ... source: https://crypto-economy.com/defi-platform-dydx-announces-first-ever-buyback-program-native-token-jumps-7-5/