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dYdX introduces proposal for autonomous subDAO-based infrastru | W3 Metaverse • DeFi • NFTs

dYdX introduces proposal for autonomous subDAO-based infrastructure

The
decentralized autonomous organization attached to the dYdX derivatives protocol could see the formation of a number of autonomous subDAOs with infrastructure changes, the foundation proposed in an announcement. To advance the suggested initiative, dYdX community members must vote to form the subDAO and decide on resource allocation to accommodate the associated costs. The prospective roadmap comes in anticipation of the launch of dYdX V4, slated for the third quarter of 2023, and builds on the organization’s previous steps toward fully decentralizing the protocol, the foundation said

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