Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
dYdX: There will be transfers of dYdX tokens related to the launch of dYdX Chain in the coming days, tokens will still be locked and will not be sold

dYdX: There will be transfers of dYdX tokens related to the launch of dYdX Chain in the coming days, tokens will still be locked and will not be sold

CointimeCointime2023/10/27 17:57
By:Cointime

dYdX Foundation has announced that there will be significant internal changes to the locked ethDYDX tokens held by investors and team members in the coming days. Locked tokens can be bridged from Ethereum to another blockchain, including the dYdX Chain, which will be reflected as transfers on both Ethereum and dYdX Chain. The foundation stated that these tokens are still locked and will not be sold, and any wethDYDX and/or dYdX-Chain DYDX tokens received in exchange for locked ethDYDX tokens will continue to be subject to the same transfer restrictions and release schedule. Like the current locked ethDYDX tokens, locked wethDYDX tokens and locked dYdX-Chain DYDX tokens can also be bridged to another blockchain for voting or delegation purposes and/or staked to validators (if applicable).

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Grass: Stage 2 has arrived

Cointime2024/11/02 05:55

Election uncertainty may put market certainty on the back burner

In Friday’s Roundup, Jason Yanowitz said he doesn’t think we’ll see the markets “rip” until potentially January or even February

Blockworks2024/11/02 05:33