The $30 million budget community vote initiated by the dYdX Foundation has been approved

The $30 million budget community vote initiated by the dYdX Foundation has been approved with a 98% approval rate.

On January 30th, the dYdX Foundation launched a community vote for the $30 million budget fund, to be used for legal, research and development, marketing, and technical support over the next three years without having to submit annual budgets for review and approval. Nearly half of the budget will be used for payroll, 18% for marketing and growth, 14% for various legal expenses, 5.5% for contractors, and other projects.