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The dYdX governance team plans to distribute $100,000 DYDX to traders who suffered losses due to liquidations in the first two weeks of December.
Golden Finance reports that the dYdX Foundation posted on platform X that the dYdX governance team is reviewing a proposal to distribute a total of $100,000 worth of DYDX tokens to the top 100 affected traders who incurred actual losses due to forced liquidations in the first two weeks of December.
This is the first installment of the bi-weekly distribution under the community-approved $1 million liquidation rebate pilot program.