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DYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The dYdX community approved governance proposal #313, raising the buy‑back allocation from 25% to 75% of net protocol revenue, with 59.38% of voters in favor. The new structure also earmarks 5% of fees for the Treasury SubDAO and 5% for the MegaVault, shifting the majority of revenue toward repurchasing and staking DYDX tokens. The change follows a March 2025 buy‑back launch and a scheduled token‑emission cut in June, aiming to tighten circulating supply and bolster network security.