dYdX has announced its first-ever buyback program, committing 25% of protocol fees to buy DYDX on the open market. Based on last year’s revenue numbers, that could amount to over 11M in DYDX purchased per year.
In an exclusive interview, Charles d’Haussy, CEO of the dYdX Foundation, provided his view on the community initiative and shed light on exciting developments coming to the dYdX ecosystem, such as Wallet Integrations and the potential for Spot Trading, Multi-Asset Margining, and EVM Support.
(Disclaimer: The dYdX Foundation does not control, direct, or execute the buyback process
source: https://beincrypto.com/dydx-ceo-charles-dhaussy-buybacks-staking-ecosystem/