@paragraph
Staking dYdX has effectively delivered 25 million USDC to stakers, showcasing a unique approach in DeFi by rewarding participants with a stablecoin instead of volatile tokens. As the platform transitions to its own Cosmos chain and grows its validator base, staking continues to offer a solid return of 10-20%. Despite immense competition, dYdX remains a significant player in the derivatives market. The recent upgrade promises expanded market opportunities, while the pivotal challenge ahead lies in regulatory hurdles and sector competition. Article by @especulacion.
0 reply
0 recast
0 reaction