CoinVoice has learned that, according to a tweet from the dYdX Foundation, since the launch of the DYDX buyback plan in March, 2.86 million DYDX have been repurchased, valued at 1.87 million USD. The next round will repurchase 593,570 DYDX, with 100% of the repurchased tokens used for staking. Previously reported, on March 24, the dYdX official announced that 25% of the net fees from the dYdX protocol will be used to buy back DYDX tokens from the open market each month, further reinforcing its long-term commitment to the ecosystem.

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