The Power of Token IncentivesAug 19, 2021
dYdX announced the launch of its native governance token earlier this week. The project will airdrop tokens to past users, but has also set up a liquidity mining program. As you would expect, this kicked off a rush of capital into dYdX to farm the new token. dYdX’s TVL is up nearly 4x in the last 12 days.