Wintermute launched a new proposal, proposing that the dYdX community adopt dYdX v4 open source software as the next version
2023/08/22 10:31
According to Wintermute, the encrypted market maker, the following suggestions are proposed to the dYdX community:
1. Adopt the dYdX v4 open source software as the next version of the dYdX protocol;
2. Use DYDX as the L1 token of the dYdX chain;
3. Adopt the smart contract developed by the dYdX Foundation to establish a permissionless autonomous one-way cross-chain bridge between Ethereum and the dYdX chain;
4. It is recommended that dYdX chain verification nodes refer to the above smart contract when distributing DYDX on the dYdX chain;
5. On dYdX v3, wethDYDX will have the same governance and application functions as DYDX based on Ethereum.
Wintermute stated that they support dYdX v4 and the role of DYDX token on the dYdX chain, so these suggestions are proposed for the community to consider. In addition, proposals 1-4 do not require any changes to the smart contract, so they can be approved through snapshot voting. As they plan to include proposals 1-5 in the same snapshot vote, there is significant overlap in the themes of each proposal item.
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