dYdX Initiates Token Migration Following Layer-1 Blockchain Inception

Antonio Juliano, dYdX founder, has flagged an upcoming large-scale migration of locked $DYDX tokens to the dYdX Chain following its recent launch. This migration, strictly abiding by legal agreements, marks a significant phase in dYdX’s transition to a layer-1 blockchain, amplifying the utility of DYDX tokens for staking and governance purposes. (Read More)