dYdX Prop #237 Vote
APR
12
Event date
Saturday 12 April 2025, UTC
Event description
- The dYdX Foundation, supporting the dYdX ecosystem’s decentralized governance, posted an on-chain vote on April 9, 2025, to whitelist new and existing VIP affiliates proposed by KuyenLabs, with voting ending April 12, 2025, at 19:43 UTC.
- The VIP Affiliate program, detailed in a dYdX grant, allows qualified affiliates to earn up to 50% of referred user taker fees (max $10,000 per referral every 30 days), aiming to attract larger KOLs and institutional partners.
- On-chain voting via blockchain, as used here, ensures transparency and immutability, but research like Gao et al. (2021) highlights scalability issues, noting that large-scale block generation can delay polling processes.
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