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dYdX community approves 20 million token stake

The proposal passed on April 6 with 91.7% of votes in favor, allowing tokens from the community treasury worth over $61 million at current prices to be staked with liquid staking protocol Stride.

By staking its native tokens, the DEX seeks to shield its network from a possible control attack, similar to a 51% attack.

This is community-generated content, not advice from ONUS.
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