Article
dYdX Treasury SubDAO increased delegated staking to approximately 101000000 tokens DYDX, incorporating repurchased tokens into delegations for the first time
BlockBeats reports,October 23, according to an official announcement,dYdX Treasury SubDAO increased delegated staking to 100760000 tokens DYDX, incorporating repurchased tokens into delegations for the first time dYdX Treasury SubDAO released the results of the seventh regular review of its staking program, stating that this round approved 25 transactions to adjust the delegation allocation of 25,873,915 tokens DYDX.
Among them, 10,719,308 tokens DYDX purchased through the buyback program were incorporated into delegations for the first time, increasing Treasury SubDAO's total delegated staking amount from 90,041,355 tokens to 100,760,663 tokens DYDX. The adjustment also included a reallocation of existing delegations.
Previously, as the active validator set in September 17 was reduced from 31 to 21, approximately 8340000 tokens DYDX were delegated to validators outside the active set and were unable to earn rewards. Treasury SubDAO therefore reconfigured the relevant staking and increased its consideration of validators' governance participation; validators that recently did not participate in or abstained from governance votes will receive fewer new delegations.
Original link https://m.theblockbeats.info/flash/373383