We are seeking community approval to:
- Authorise the transfer of $8M in DYDX (13,114,754.10 DYDX calculated using a 30-day TWAP at a $0.61 DYDX token price) from the dYdX Chain Community Treasury to a wallet owned and controlled by dYdX Grants Ltd.
- Wind down the existing dYdX Ecosystem Development Program (DEP) and dissolve the dYdX Ecosystem Development Trust, a Guernsey non-charitable purpose trust.
- Assign all ongoing or continuing DEP grant obligations to dYdX Grants Ltd.
- Transfer any remaining assets from DEP to dYdX Grants Ltd., including but not limited to USDC and DYDX tokens, web content, websites, and other intellectual property rights or assets.
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