Third-Party
Compound DYDX Listing
Completed
Funding amount:
$40,000.00
Description
The grant will be used to fund the listing of DYDX on Compound as a collateral asset with a collateral factor of 0. Listing will require several steps, including governance and buildouts within the Compound ecosystem.
Purpose
Increasing the utility of DYDX is an important step to improving token retention and adoption across the ecosystem. dYdX users will have additional yield opportunities, incentivizing holding the token longer term, which in turn will improve governance participation.
Execution
4 months
Payment structure
$5,000 upfront, $35,000 at completion
Useful Links
Impact & Metrics
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