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dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue
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On November 13, 2025, the dYdX governance forum approved an update to its buy-back program with 59.38% support. The buy-back allocation has been raised significantly from 25% to 75% of the net protocol revenue.
The updated protocol revenue sharing now allocates 75% to DYDX buybacks, 5% to Treasury SubDAO, and 5% to MegaVault. This change aims to tighten the circulating supply and link token incentives more directly to the platform's performance and security.
dYdX originally launched its buy-back program in March 2025, with token emissions set to decline in June 2025. The announcement was posted by the dYdX team on X.
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