Why dYdX Governance and the DYDX Token Matter for Perpetual Traders
Okay, so check this out—decentralized perpetuals are not just another product. Really. They feel like the Wild West sometimes. Whoa! For traders who live and breathe leverage and funding rates, governance is the quiet engine behind margin parameters, liquidation rules, and fee schedules, and if you ignore it you pay for it later. At first …
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