The dYdX Ecosystem Development Program has announced the latest round of funding, with five grants totaling $2.60 million. The details are as follows:
· Integration with Skip Protocol's Slinky sidecar to support the new price oracle mechanism and dYdX's permissionless market listing system. · Xenophon Labs tests and analyzes the upcoming LP Vault feature, which will be available on dYdX soon. Allows users to use delta neutral market making strategies for liquidity provision in long tail markets.
RHINO, kingnodes, Polkachu, and Lavender will manage Solana RPC nodes, enabling dYdX to access Solana's price data source.
Funded Viktor Mirovic to manage four Solana RPC nodes, adding redundancy and decentralized price discovery capabilities.
The dYdX Ecosystem Development Program Announces a New Round of Funding, 5 Grants totaling $2.60 million
2024-05-17 04:09:10
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