According to dYdX Foundation, an on-chain governance vote is live to approve distribution of Surge Season 7 incentive rewards, with voting scheduled to end on Nov 11, 2025 at 00:23 UTC, source: dYdX Foundation on X and Mintscan. The updated distribution details and proposal text are published on the dYdX Forum under the DRC dYdX Surge Season 7 Distribution Proposal, source: dYdX Forum. The vote is listed as Proposal 308 on the dYdX network where participants can verify status, turnout, and the end time, source: Mintscan. Traders tracking DYDX and dYdX incentives can monitor the final tally at the stated deadline to align participation with the program’s outcome, source: dYdX Foundation on X and Mintscan.

According to @dydxfoundation, the community approved reducing the maximum number of validators on the dYdX Chain from 50 to 42, confirming the proposal passed. Source: https://twitter.com/dydxfoundation/status/1980541288446587143; https://www.mintscan.io/dydx/proposals/297 This update lowers the Staking module parameter MaxValidators, meaning only the top 42 validators by voting power will be in the active set and participate in consensus. Source: https://docs.cosmos.network/v0.47/modules/staking/ For DYDX stakers, rewards are distributed to active validators and their delegators, so delegations to validators outside the top 42 will not earn staking rewards until reentering the active set. Source: https://docs.cosmos.network/v0.47/modules/distribution/; https://docs.cosmos.network/v0.47/modules/staking/ Traders can monitor validator rankings, active set churn, and stake concentration on Mintscan to assess validator concentration risk and potential on chain dynamics around DYDX. Source: https://www.mintscan.io/dydx; https://www.mintscan.io/dydx/validators