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DYdX to unlock 6.52M tokens worth $14M for community treasury, rewards

On Aug. 29, dYdX will release 6.52 million tokens, representing 3.76% of the DYDX circulating supply. Out of the lot, 2.49 million DYDX tokens — worth $5.36 million — will be allocated to the community treasury. The treasury funds contributor grants, community initiatives and liquidity mining, among other programs.

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Source: Cryptocurrency - investing.com

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