dYdX Community Votes to Stake $60 Million for Network Security Boost – Here’s What You Need to Know

DeFi lending protocol, dYdX, recently underwent a vote in its community that has led to a decision to stake $60 million in order to boost its network security. Here’s what you need to know:

1. **Community Participation:** dYdX’s community members actively participated in the decision-making process, showing strong democratic engagement in the platform’s governance.

2. **The Vote:** The result of the voting led to an agreement to stake a substantial amount of $60 million to