dYdX initiated the distribution of its long-awaited governance token on Wednesday.
The decentralized finance (DeFi) platform first announced it planned to launch a token last month with an accompanying governance plan. It included plans for a safety staking pool, with users who stake $DYDX receiving a yield in the same token.
Wednesday’s kickoff wasn’t without headache, however. The dYdx team uncovered an error in the deployment of the safety staking pool contract shortly after it went live.
Consequently, access to the pool was blocked as the team sought to create an open-source fix for the contract. Because of the new governance model, the upgrade containing the fix will have to pass a governance vote during the first epoch. In a tweet thread explaining the snag, the dYdX Foundation said no user funds were at risk and all will be recoverable in the coming days.
“The design of the Safety Staking Pool included deposits being locked for a minimum of 1 epoch (28 days). Assuming an upg

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Źródło: https://www.theblockcrypto.com/linked/117017/defi-trading-platform-dydx-opens-access-to-its-governance-token?utm_source=rss&utm_medium=rss