1,000,000,000 DYDXhave been minted, and will become accessible over five (5) years, starting on August 3rd, 2021, at 15:00:00 UTC. The initial five-year allocation of the total supply of DYDX is as follows:
500,000,000 DYDX) to the community as follows:
277,295,070 DYDX) to past investors
152,704,930 DYDX) to founders, employees, advisors, and consultants of dYdX Trading or the Foundation
70,000,000 DYDX) to future employees and consultants of dYdX Trading or the dYdX Foundation
2%per year may be utilized by governance to increase the supply of DYDX, ensuring the community has the resources to continue the development and growth of the Protocol. Inflation must be enacted via a governance proposal and is capped at
2%per year can be used to increase the supply of DYDX, ensuring the community has the resources to continue contributing to the dYdX Layer 2 Protocol.
2%per year at each mint. Only one mint is possible in a given 365 day period. All newly issued tokens will be allocated by governance and will vest immediately. These newly issued tokens can then be sent to any address specified.
8 daysafter the end of Epoch 0, the initial transfer restrictions on the token will be lifted and approximately 8.11% of the DYDX supply will become liquid.