GovernanceStrategyV2 Smart Contract
Overview of the GovernanceStrategyV2 Smart Contract
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Overview of the GovernanceStrategyV2 Smart Contract
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On September 24, 2023, the dYdX community almost unanimously upgrading the GovernanceStrategy Smart Contract to v2. This upgrade ratified the implementation of wethDYDX into dYdX v3’s governance system so that wethDYDX has the same voting and proposal power as ethDYDX.
GovernanceStrategyV2 Smart contractNote, wethDYDX would be treated the same as ethDYDX and stkDYDX in both on-chain and off-chain governance proposals.
The dYdX and the determine the proposal and voting power of each address at a specific block number. This weighs the proposal and voting power from ethDYDX, stkDYDX and wethDYDX tokens equally. In addition to being considered for on-chain voting, this contract is also used by Snapshot to determine a given user's voting power and/or proposal power for off-chain voting.
The is essentially the same as the with added support for the wethDYDX token address, which is treated equivalently to the ethDYDX and stkDYDX. The GovernanceStrategyV2 Smart Contract has minimal changes compared to the original contract.
