Prop #291 Vote
The dYdX Foundation has launched Proposal #291, a governance vote to determine whether to wind down the GOONER-USD trading market on the dYdX protocol. This is a targeted governance decision over the status of a specific market, rather than a broad protocol upgrade.Event DetailsOrganizer: dYdX Foundation / dYdX GovernanceEvent: On-chain vote on Proposal #291: “Should the community approve winding down the GOONER-USD market?”Voting mechanism: via the dYdX Chain governance / Realms interface (on-chain)Announcement date: posted by dYdX Foundation on X / Twitter on October 2025. X (formerly Twitter)+1Timing: The event window is listed from 30 September to 04 October 2025 per CoinMarketCal. X (formerly Twitter)+1Participation: Token holders with governance rights (stakers, voters) can cast yes / no votes on the proposal via the dYdX governance interface (tracked via Mintscan’s dYdX proposals page). Blockchain News+1Recent NewsThe vote has been covered as a notable governance action, since it involves delisting or winding down a particular market (GOONER-USD). Blockchain NewsPrior reporting notes that Proposal 291 is visible on Mintscan, which indicates the official tracking infrastructure for on-chain proposals. Blockchain NewsThe dYdX Foundation’s past governance updates show continued refinement of market management and protocol control decisions.Future PlansIf passed, Proposal #291 would formally decommission the GOONER-USD market, disabling deposits, trading, and withdrawals for that pair. The governance body may follow up with proposals to reallocate liquidity, migrate positions, or adjust related markets to absorb volume or risk. Also, future proposals may further refine market listing/delisting criteria based on usage or performance.Community Sentiment Neutral to Slightly Mixed — Many community members see this as a standard housekeeping or optimization move, not a highly contentious or revolutionary proposal. The sentiment leans toward pragmatic approval, though users holding GOONER-USD exposure may monitor implications more closely.Risk Disclaimer: Though this is a governance vote rather than a token-release, the result may impact traders holding exposure to GOONER-USD and could shift liquidity or market dynamics. Proceed cautiously if you have positions in that market.Additional InsightsWinding down underused or low-volume markets is a common governance task to streamline exchange operations and reduce maintenance overhead.The proposal’s success may set a precedent: other markets could undergo similar reviews if usage is low or risk exposure is high.Observers should monitor the final tally and vote turnout, as high participation or surprising outcomes could signal shifting community priorities in market governance.Sources usedhttps://x.com/dydxfoundation/status/1973776250536886514https://blockchain.news/flashnews/dydx-dydx-on-chain-vote-to-wind-down-gooner-usd-market-proposal-291-signals-key-market-status-decisionhttps://coinmarketcal.com/en/event/prop-291-vote-296248https://x.com/dydxfoundation/status/1971696865549643894
dYdX
October 4

