dYdX launches Layer 1 chain with USDC as sole form of fee distribution using Cosmos SDK
The dYdX Foundation has launched the dYdX Chain mainnet, a significant development that enhances the utility of the DYDX token in the realms of staking, security, and governance. This proof-of-stake network, built using the Cosmos SDK, positions DYDX as its Layer 1 token, further cementing its role in the dYdX Chain. According to information shared...