According to dYdX Foundation (@dydxfoundation), the recent governance proposal saw a 49.36% voter turnout, with 81.35% voting Yes, 2.38% No, and 16.26% abstaining. Out of 50 active set validators, 30 participated along with 484 accounts. This strong approval signals robust community support, which could drive increased confidence and potential bullish sentiment for DYDX token traders. Market participants should monitor upcoming governance changes closely, as integration of these results may impact token liquidity and on-chain activity (Source: dYdX Foundation, June 3, 2025).

According to dYdX Foundation (@dydxfoundation), the community has officially passed a governance vote to delist EOS, BTRUMP, and SKITTEN trading markets from the dYdX platform (source: dYdX Foundation, May 23, 2025). This move will directly impact the liquidity and trading activity for these tokens, potentially increasing volatility and widening spreads as traders unwind positions before delisting. Market participants should monitor EOS, BTRUMP, and SKITTEN price action closely for short-term fluctuations and shifts in volume, and consider alternative trading venues for continued exposure (source: dYdX governance announcement). The delisting highlights ongoing community-driven risk management and could influence similar governance actions across other DeFi platforms.

According to @dydxfoundation, an on-chain vote is now live to determine if the dYdX community will approve the whitelisting of new and existing VIP affiliates proposed by KuyenLabs. The vote, ending on May 3, 2025 at 19:53 UTC, could significantly impact trading volumes and liquidity on the dYdX decentralized exchange, as VIP affiliate programs often incentivize higher trading activity and deepen market participation. Traders should monitor the governance decision closely as it may affect fee structures and access to exclusive trading benefits on the platform. Source: @dydxfoundation, dydx.forum, mintscan.io.

According to Cas Abbé on Twitter, $STO offers key functionalities for DeFi projects, including boosted yield opportunities, emissions governance, and treasury control through veSTO-based bribes (Source: @cas_abbe, May 3, 2025). These features provide DeFi protocols with enhanced control over reward distribution and protocol incentives. Integrating StakeStone and $STO is positioned as essential for staying competitive in DeFi market infrastructure. Trading strategies should consider $STO's core role in protocol governance and incentive mechanisms.