Understanding Dydx in a nutshell;...
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Dydx, a great decentralized futures and spot broker that emerged a few years ago on Ethereum, wisely decided to migrate to Cosmos and have its own sovereign network...
Currently, the Dydx network is a Cosmos-based network where validators and stakers receive USDC when staking Dydx and achieve real gains and have immediate liquidity on a constant basis without the need for liquid staking, or diluting the native token by selling it... since USDC is received in a contact form according to the volume that has been generating an oscillating average of 15% per year, in addition to participating in governance...
Dydx has a super friendly and accessible interface in its dex for the end user who appreciates its services offered in comparison to the successful competition in the market.
This is a brief summary, but of course those interested should do a more in-depth study on it.
