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dYdX Announces 3-Month Experimental Token Buyback Plan
Yahoo Finance· 2025-10-29 20:38
The dYdX community has revealed a proposal for a three-month experimental buyback program to strengthen the DYDX token’s price. Starting November 1, 2025, and running through January 31, 2026, the trial will allocate protocol’s net transaction fees toward repurchasing DYDX tokens. Estimates suggest that between $5 million and $10 million worth of tokens could be bought back during this period. The initiative aims to improve value accrual for tokenholders and test the protocol’s overall capital efficiency ...