🪙Rewards Treasury

An overview of the rewards treasury.

Overview

In addition to the vested $ethDYDX in the Community Treasury, the dYdX community can also access the $ethDYDX accruing in the Rewards Treasury as a result of the following votes:

• DIP 14 - set the rewards for staking USDC to 0 (383,562 $ethDYDX per epoch),

• DIP 16 - reduce trading rewards by 25% (958,904 $ethDYDX per epoch),

• DIP 17 - set the rewards for staking ethDYDX to 0 (383,562 $ethDYDX per epoch),

• DIP 20 - further reduce trading rewards by 45% (1,294,520 $ethDYDX per epoch), and

• DIP 24 - reduce Liquidity Provider Rewards by 50% (575,342 $ethDYDX per epoch).

• DIP 29 - reduce Trading & Liquidity Provider Rewards by ⅓ from Epoch 30-32 on dYdX v3. After Epoch 31, there will not be any Trading & Liquidity Provider Rewards on dYdX v3.

On November 18, 2023, the dYdX community voted to bridge the ethDYDX balance accrued in the Rewards Treasury from Ethereum to dYdX Chain. Once bridged, the DYDX can be used by the dYdX community with a governance vote on dYdX Chain.