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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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dYdX has released a proposal vote on "Should the short-term order rate limit on dYdX be adjusted?"
Foresight News reports that dYdX has released a proposal vote on "Whether to Adjust the Short-Term Order Rate Limit on dYdX." The proposal includes adjustments to tier limits to optimize the experience for traders with funds between 20-10,000 USD. The current limits (status orders of 4-10 and short-term orders of 4-10) restrict liquidity and impact order depth. The proposal raises the status order limit to 10-40 and short-term order limit to 10-50 while maintaining system performance. Although the current voting approval rate is 100%, the number of voters has not reached the required threshold.