According to @dydxfoundation, an on-chain vote has been initiated to seek community approval for transferring $8 million worth of DYDX tokens from the Community Treasury to fund a new Grants Program managed by dYdX Grants Ltd., a subsidiary of the dYdX Foundation. This proposal, if approved, could impact the circulating supply and short-term price movement of DYDX (DYDX), and aims to incentivize ecosystem development. The vote is open until August 8, 2025 at 16:56 UTC. Traders should monitor DYDX price action and governance outcomes closely for potential volatility and liquidity shifts (source: @dydxfoundation).

According to @dydxfoundation, the dYdX community has initiated an on-chain vote to determine whether to approve a whitelist update for the VIP Affiliate Program. The voting period will conclude on August 8, 2025 at 14:34 UTC. Traders should monitor this governance event closely, as approval of the whitelist update could impact VIP user benefits, affiliate rewards, and potentially drive increased DYDX token (DYDX) trading volumes. Source: @dydxfoundation.

According to @alice_und_bob, there is increasing discussion within the Polkadot community about lowering the network's inflation rate, as current DOT staking yields remain above 10%, making it challenging for DeFi protocols to offer competitive returns and attract liquidity (source: @alice_und_bob, May 16, 2025). High inflation is perceived as a 'tax' on DOT holders, potentially suppressing DOT price performance and DeFi ecosystem growth. Traders should monitor potential proposals or governance votes regarding inflation adjustments, as any move to reduce emissions could drive positive sentiment and price action for DOT and related DeFi tokens.

According to @ItsDave_ADA, DRep voting power is becoming more balanced as Yuta's voting power decreased from approximately 14.16% to 13.48%. This shift indicates a more distributed voting power landscape, excluding abstain and no confidence votes.