dYdX Grants Program

The dYdX Grants Program is a way to accelerate growth of the dYdX Protocol by empowering community contributors to work on specific tasks. Aside from this, dYdX Grants is a blockchain grants program run on lean budgets which are an effective way to multiply the number of contributors to the protocol who may one day become full-time contributors. A blockchain grant program will allow dYdX Protocol to leverage the energy and contributions of its community towards growing and improving the protocol. For dYdX Protocol to reach its full potential, it needs full-time DAO contributors operating working groups with task-specific goals dedicated to overall growth. The program officially launched in January 2022 after being approved by the community through a governance proposal.