After a Successful DAO Vote, DYDX decided to Launch the 1 Phase of the $gDYDX Distribution

Background DYDX's DAO governance is considering altering the DYDX Gold allocation rate, a newly approved function where 1% of bridge volume fees are converted to $gDYDX. $gDYDX has the potential to increase bridge transaction volume and reward holders, but will $DYDX face market cap reduction if a derivative token supply is increased, or will the increase in bridge volume contribute to greater value for users. - Proposal Increase $gDYDX from 1% of bridge volume fees to 2% bridge volume to...