dYdX Treasury SubDAO Charter Approved Following Board Changes

The dYdX Foundation has announced the approval of proposal #238, which secured community support for formalizing the dYdX Treasury SubDAO charter and making board-level changes. The proposal received a remarkable level of participation from 39 validators and 504 accounts, resulting in a voter turnout of 56.08%. Notably, the proposition garnered overwhelming approval with 91.62% supporting it, while only 8.38% abstained and none voted against.