dYdX Foundation Raises $8 Million to Accelerate Ecosystem Development

BlockBeats News, August 11th, according to official sources, the dYdX Foundation announced the disbursement of 8 million US dollars in DYDX tokens from the dYdX Chain Community Treasury, upgrading its grant program to accelerate ecosystem growth, enhance capital efficiency, and provide scalable strategic funding support for high-impact projects. The $8 million fund will be focused on three key areas over the next 12-18 months:

· Infrastructure, Development Tools, and Security System Development

· Ecosystem Expansion Plan

· Cutting-edge Technology Research and Development

The new program will be directly operated by the Foundation's wholly-owned subsidiary, dYdX Grants Ltd., replacing the original Grants DAO framework.