According to Milk Road, many cryptocurrency projects claim decentralization, but only a few actually implement it effectively. Investors should evaluate the decentralization of a project by examining its governance structure, distribution of tokens, and network participation. Milk Road emphasizes that truly decentralized projects often show a diversified token distribution and active community governance, factors that could indicate long-term viability and stability in trading markets.

According to @dydxfoundation, the dYdX community has successfully passed over 150 proposals, highlighting an exceptional level of participation and collaboration within the community. This active governance could attract more traders and investors to the platform, potentially increasing its market value and user base.