DYDX代幣轉型為多面資產，為dYdX Chain賦能

DYDX 是dYdX 鏈的原生代幣，自2023 年10 月推出以來已經取得了顯著發展。的整合。超過 18,900 名 DYDX 質押者獲得了 2000 萬美元的獎勵，質押 1.49 億 DYDX，年收益率為 18%。

DYDX: From Governance Token to Multifaceted Asset on the dYdX Chain

DYDX：從治理代幣到 dYdX 鏈上的多面資產

Since its inception six months ago, DYDX, the native token of the dYdX Chain, has undergone a remarkable transformation from a mere governance token to a dynamic asset with a multifaceted ecosystem. As per an official blog post from the dYdX Foundation, DYDX has emerged as the cornerstone of this layer-1 blockchain, empowering decentralized governance and offering lucrative staking rewards to its holders.

自六個月前成立以來，dYdX Chain 的原生代幣 DYDX 經歷了從單純的治理代幣到具有多方面生態系統的動態資產的顯著轉變。根據 dYdX 基金會的官方部落格文章，DYDX 已成為該第 1 層區塊鏈的基石，支持去中心化治理並為其持有者提供豐厚的質押獎勵。

DYDX's Launch and Evolution

DYDX的推出與演變

The DYDX token was first introduced in August 2021 as ethDYDX, serving as the governance token for the Ethereum-based dYdX v3 protocol. In September 2023, the dYdX community embraced DYDX as the native token of its own blockchain, the dYdX Chain. To facilitate this transition, a wethDYDX smart contract was deployed as a bridge for token holders to seamlessly convert their ethDYDX to DYDX.

DYDX 代幣於 2021 年 8 月首次推出，名稱為 ethDYDX，作為基於以太坊的 dYdX v3 協議的治理代幣。 2023 年 9 月，dYdX 社群接受 DYDX 作為自己的區塊鏈 dYdX Chain 的原生代幣。為了促進這一轉變，部署了 wethDYDX 智能合約作為代幣持有者將其 ethDYDX 無縫轉換為 DYDX 的橋樑。

Currently, over 75% of all ethDYDX have been converted and migrated to the dYdX Chain. The remaining 25% of ethDYDX, approximately 247 million tokens, continue to circulate.

目前，超過 75% 的 ethDYDX 已轉換並遷移到 dYdX 鏈。 ethDYDX 的剩餘 25%，約 2.47 億個代幣，繼續流通。

Staking DYDX for Rewards

質押 DYDX 以獲得獎勵

The dYdX Chain employs a staking reward mechanism that distributes 100% of the protocol's fees, primarily in Circle's USDC stablecoin, to stakers. This mechanism serves multiple purposes:

dYdX Chain 採用質押獎勵機制，將 100% 的協議費用（主要是 Circle 的 USDC 穩定幣）分配給質押者。該機制有多種用途：

• Incentivizes the provision of security to the network
• Opens up practical use cases for stakers, allowing them to reinvest rewards in crypto or use USDC as collateral for trading on the dYdX Chain

Presently, over 18,900 DYDX stakers have received a total of $20 million in rewards. Approximately 149 million DYDX, representing 14.9% of the total supply, are actively staked to set validators on the dYdX Chain, generating an annual percentage yield (APY) of 18%.

激勵為網路提供安全性為質押者開闢實際用例，允許他們將獎勵再投資於加密貨幣或使用USDC 作為抵押品在dYdX 鏈上進行交易目前，超過18,900 名DYDX 質押者已獲得總計2000 萬美元的獎勵。約 1.49 億個 DYDX（佔總供應量的 14.9%）被積極質押以在 dYdX 鏈上設定驗證者，產生 18% 的年收益率（APY）。

Recent Developments and Future Prospects

最新進展與未來展望

Earlier this month, the dYdX community approved a proposal to liquid-stake 20 million DYDX. This measure aims to enhance network security by reducing the potential impact of malicious attacks and decentralizing validator operations. Rewards from liquid staking will be automatically compounded in USDC, converted into DYDX, and re-staked to generate additional yield.

本月早些時候，dYdX 社區批准了一項流動性質押 2000 萬 DYDX 的提案。該措施旨在透過減少惡意攻擊的潛在影響和去中心化驗證器操作來增強網路安全性。流動質押的獎勵將自動以 USDC 複利，轉換為 DYDX，並重新質押以產生額外收益。

The dYdX Chain has witnessed a significant surge in trading volume, exceeding $120 billion cumulatively. This growth has been accompanied by an increase in staked assets. Furthermore, the community's active participation in governance is evident through the submission of 55 proposals.

dYdX Chain 的交易量大幅成長，累計超過 1200 億美元。這種成長伴隨著質押資產的增加。此外，透過提交 55 項提案，社區積極參與治理。

DYDX has a total supply of 1 billion tokens, a circulating supply of 501 million DYDX, and a five-year token distribution schedule. As the dYdX ecosystem continues to evolve, the role and value of DYDX is expected to grow exponentially.

DYDX 的總供應量為 10 億枚，流通量為 5.01 億枚，代幣分配計劃為五年。隨著 dYdX 生態系統的不斷發展，DYDX 的角色和價值預計將呈指數級增長。

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.

免責聲明：本文僅供參考，不應視為投資建議。