dYdX community voted in favor of the proposal to extend the dYdX Chain incentive program for an additional 3 months. The dYdX community also agreed to allocate 10 million USD worth of DYDX from the dYdXChain community treasury to reward the incentive program. The original end date for the dYdX incentive program was June 1st, 2024.

The dYdX Foundation announced on X platform that it plans to upgrade its software to v4.1.0 on block 14,404,200 of the dYdX Chain. It is expected that this block will be created around 12:30 UTC on April 29th (8:30 PM Beijing time, calculated based on a 1.065 second block time).

dYdX announced on the X platform that dYdX Chain has now launched the CHZ token.

dYdX stated on X platform that the dYdX chain was temporarily suspended due to the v4.0.0 software upgrade and that the issue is currently being investigated. They hope to resolve the issue in the next few hours. Previously, the dYdX chain experienced an interruption issue and is currently being debugged.

According to THE BLOCK PRO, dYdX chain encountered an interruption issue and is currently being debugged.

Stride, a liquidity staking protocol in the Cosmos ecosystem, announced that dYdX proposed to pledge 20 million DYDX tokens to Stride and was approved with 91.7% of the votes in favor.

dYdX founder Antonio announced on the X platform that intelligent contracts, AMM treasury, permissionless coin market, and pre-launch market functions will be launched in the coming months.

dYdX announced on social media that due to the implementation of the dYdX Chain v4.0 software upgrade, there may be delays and potential downtime from 8:00-9:00 UTC on April 8th (may vary).

dYdX Foundation announced on the X platform that the dYdX community has voted to support the transformation of the dYdX operating trust fund into a Cayman Islands Foundation Company, with a final support rate of 93.1%.The following steps will be taken:1. Establish the dYdX Operating Foundation (DOF) as a foundation company in the Cayman Islands and appoint key personnel; 2. Draft the memorandum and articles of association of DOF and grant effective control to the dYdX community through dYdX consensus; 3. End the trust period, thus terminating DOT; 4. The trustee needs to execute relevant transfer operations, including multi-party signatures, domain names, accounts, contracts, etc.

The dYdX community has voted to propose pledging 20 million DYDX tokens on the liquidity collateral protocol Stride, and will submit a second proposal to transfer the 20 million DYDX tokens to a cross-chain account owned by the community.