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

Impact & Metrics

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