.dYdX, the decentralized platform known for its perpetual contracts, is now discussing the creation of more subDAOs to make management of the ecosystem even more decentralized. reports
by the dYdX Foundation, an independent not-for-profit organization aimed at fostering decentralized governance, the operations subDAO is set to expire on June 19. With the imminent launch of v4 and the expiration of its operations subDAO, the “dYdX ecosystem is approaching a critical juncture,” the foundation said.said, “This is not just about shaping the future of dYdX but also about building a model for how a decentralized trading platform can operate effectively and inclusively.
SubDAOs are groups of contributors within the dYdX DAO “that each work on core functional areas of the dYdX protocol and are ultimately accountable to the dYdX community,” per the
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