In September 2024, we set a goal to use active onchain asset management to drive sustainability and growth for the project, improving protocol performance and accruing value to its stakeholders. In 9 months, @dYdX deployed 79M DYDX through a structured treasury programme. The Staking Program generated 7-figure yield, with ~$365K in revenue generated in the first month. And, it drove noticeable improvement in validator activity and performance, across 42 qualifying validators 🔥 Happy to continue leading this effort with @kpk_io
kpk (formerly karpatkey)
kpk (formerly karpatkey)4.7. klo 00.18
7/ On-the-ground impact The feedback from validators like @CosmostationVD has been extremely positive. The programme didn’t just deploy capital — it set standards, aligned incentives, and raised the bar for securing the dYdX Chain.
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