DYDX 代幣作為 Layer-1 區塊鏈的多面動力而飆升

DYDX 是 dYdX 鏈的原生代幣，在推出後六個月內已成為一種多方面的資產。 DYDX 最初只是一種治理代幣，現在透過質押獎勵、去中心化治理和不斷增加的累積交易量為生態系統提供動力。超過 2000 萬美元的獎勵已分配給質押者，目前已質押總供應量的 14.9%。

dYdX's Native Token Ascends as a Multifaceted Pillar of the Layer-1 Blockchain

dYdX 的原生代幣成為 Layer-1 區塊鏈的多面向支柱

London, United Kingdom – March 8, 2024

英國倫敦 – 2024 年 3 月 8 日

In a remarkable transformation within six months of its inception, DYDX, the native token of the dYdX Chain, has evolved from a governance-exclusive asset to a multifaceted powerhouse that drives the blockchain's operations and rewards its users.

DYDX（dYdX 鏈的原生代幣）在成立後的六個月內發生了顯著轉變，已從一種治理專用資產發展成為推動區塊鏈運營並獎勵用戶的多方面動力源。

The Genesis of DYDX

DYDX 的起源

The journey of DYDX commenced in October 2023 with its launch alongside the dYdX Chain. Prior to that, the dYdX Foundation introduced ethDYDX in August 2021, initially serving as the governance token for the Ethereum-based dYdX v3 protocol.

DYDX 的旅程始於 2023 年 10 月，與 dYdX Chain 一起推出。在此之前，dYdX 基金會於 2021 年 8 月推出了 ethDYDX，最初是基於以太坊的 dYdX v3 協議的治理代幣。

In September 2023, the dYdX community overwhelmingly voted to adopt DYDX as the native token of the dYdX Chain. Facilitating this transition, a wethDYDX smart contract was deployed, enabling token holders to seamlessly convert their ethDYDX holdings into DYDX.

2023 年 9 月，dYdX 社群以壓倒性多數投票決定採用 DYDX 作為 dYdX 鏈的原生代幣。為了促進這一轉變，部署了 wethDYDX 智能合約，使代幣持有者能夠將其持有的 ethDYDX 無縫轉換為 DYDX。

Embracing Staking for Rewards and Ecosystem Growth

擁抱質押以獲得獎勵和生態系統發展

The dYdX Chain employs a staking reward mechanism that allocates 100% of its protocol fees to stakers, primarily distributed in Circle (USDC). This ingenious design not only incentivizes network security but also opens up a plethora of practical use cases for stakers.

dYdX Chain 採用質押獎勵機制，將 100% 的協議費用分配給質押者，主要分佈在 Circle (USDC) 中。這種巧妙的設計不僅激勵了網路安全，而且還為利害關係人開闢了大量的實際用例。

Stakers can effortlessly reinvest their USDC rewards into cryptocurrencies, other assets, or leverage it as collateral for trading on the dYdX Chain. Currently, over 18,900 DYDX stakers are reaping the benefits, with $20 million disbursed to date. Approximately 149 million DYDX, representing 14.9% of the total supply, are actively staked to set validators, generating an annual percentage yield of 18%.

質押者可以輕鬆地將其 USDC 獎勵重新投資到加密貨幣、其他資產，或將其用作 dYdX 鏈上交易的抵押品。目前，超過 18,900 名 DYDX 質押者正在受益，迄今已支付 2,000 萬美元。約 1.49 億個 DYDX（佔總供應量的 14.9%）被積極質押以設定驗證者，年收益率為 18%。

Liquid Staking and Enhanced Network Resilience

流動性質押和增強的網路彈性

Recognizing the imperative of mitigating malicious attacks and bolstering network security, the dYdX community approved a proposal earlier this month to liquid-stake 20 million DYDX. This strategy involves automatically compounding USDC rewards, converting them into DYDX, and reinvesting them for additional yield.

由於意識到減少惡意攻擊和加強網路安全的必要性，dYdX 社群於本月稍早批准了一項流動性質押 2000 萬 DYDX 的提案。該策略涉及自動複合 USDC 獎勵，將其轉換為 DYDX，並將其再投資以獲得額外收益。

A Thriving Ecosystem

蓬勃發展的生態系統

The dYdX Chain has experienced a meteoric rise, with over $120 billion in cumulative trading volume and steadily increasing staked assets. Community involvement has also flourished, with the initiation of 55 governance proposals, reflecting active participation in the network's decision-making.

dYdX Chain經歷了快速崛起，累計交易量超過1,200億美元，質押資產穩定成長。社區參與也蓬勃發展，提出了 55 項治理提案，體現了對網路決策的積極參與。

Tokenomics

代幣經濟學

DYDX boasts a total supply of 1 billion tokens, with a circulating supply of 501 million DYDX. Its distribution is governed by a five-year schedule.

DYDX 總供應量為 10 億枚，流通量為 5.01 億枚 DYDX。其分配期限為五年。

Conclusion

結論

In a short span of six months, DYDX has emerged as an indispensable cornerstone of the dYdX Chain, empowering decentralized governance, rewarding stakers, and fostering a thriving ecosystem. Its transformation from a mere governance token to a multifaceted asset underscores the transformative potential of blockchain technology and the vision of the dYdX Foundation to create a truly decentralized financial infrastructure.

在短短六個月內，DYDX 已成為 dYdX Chain 不可或缺的基石，賦予去中心化治理、獎勵利害關係人並培育蓬勃發展的生態系統的能力。它從單純的治理代幣到多方面資產的轉變凸顯了區塊鏈技術的變革潛力以及 dYdX 基金會創建真正去中心化金融基礎設施的願景。