dYdX releases MegaVault design, allowing dYdX Chain users to deposit USDC
2024-08-07 02:48:56
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On August 7, the decentralized derivatives exchange dYdX released a MegaVault design that allows dYdX Chain users to deposit USDC to provide liquidity to the market and earn profits. The deposited USDC will automatically make markets in various markets. The profits can come from the profit and loss of the vault position, the share of transaction fee revenue, and other potential incentives designed by the community and software deployers. This feature will be released in the coming months.
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