According to @dydxfoundation, an on-chain vote has been initiated to decide whether the dYdX community will approve transferring $8 million in DYDX tokens from the Community Treasury to establish a new grants program operated by dYdX Grants Ltd., a wholly-owned subsidiary of the dYdX Foundation. The vote concludes on August 8, 2025. This proposal is significant for traders as allocating a large amount of DYDX to grants could increase development activity, potentially boosting network usage and influencing DYDX token liquidity and price volatility (source: @dydxfoundation).