dYdX Foundation applies to DAO for an operating budget of US$30 million within three years

On January 30th, dYdX Foundation is seeking $30 million in funding from DAO and will use it over the next three years. If approved by dYdX token holders (voters in DAO), it will reward the Foundation with 4% of the current treasury in DAO. When the Foundation first shared this request last Friday, it received widespread approval from dYdX stakeholders (from validators to representatives). Voting will continue until February 2nd.