Antonio, the founder of decentralized exchange dYdX, clarified the platform’s stance on token inflation in a series of tweets today. He stated,
There are no plans for additional token inflation to compensate validators on the dYdX Chain.
He further emphasized that the current token distribution model, which has seen inflation reduced by over 60%, will continue to be implemented.
Antonio’s comments come amidst growing discussions about the sustainability of dYdX’s token model. He mentioned, “dYdX may soon be the closest L1 besides Ethereum with a sustainable utility token model.” However, he also noted that his views were personal and highlighted the role of community governance in controlling the token.
The tweets sparked a debate among crypto enthusiasts. A user named KryptoKami criticized the token’s distribution, pointing out that two years post-token generation event (TGE), only 17% of the total supply is in circulation….
