dYdX Foundation initiated the first phase of the Treasury SubDAO token repurchase plan for voting execution

Golden Finance reported that the dYdX Foundation has announced that on-chain voting has been created on the X platform. The purpose of this vote is to allow the community to confirm whether the first phase of implementing the dYdX Treasury SubDAO token buyback plan should be executed. The vote is scheduled to end at 00:51 on March 1, 2025 UTC, with the current approval rate at 100%, but the vote has not yet reached the statutory proportion.