dYdX Governance Approves Plan To Raise Buybacks To 75% Of Protocol Revenue

The dYdX community has approved a major update to its buyback program, voting to increase the allocation for repurchasing DYDX tokens from 25% to up to 75% of net protocol revenue. Proposal #313 passed with 59.38% support. The tokens bought back will continue to be staked.

The decision reflects a shift toward strengthening token-based incentives and tightening circulating supply. Additional revenue allocations will send 5% to the Treasury SubDAO and 5% to the MegaVault.

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