Uniswap introduced a BSL commercial license to prevent code plagiarism, and dYdX Chain announced that the code will be completely open source; Uniswap will charge a 0.15% front-end handling fee, and dYdX announced that it will transform into a public benefit company and will not generate any transaction revenue from V4. The development of the two seems to have a smell of gunpowder.
dYdX Chain is online, the code is completely open source
According to the official announcement, dYdX Chain v1.0 has been officially launched. All codes including the protocol, order book, front-end, etc. have been audited and are all open source.
dYdX emphasized several points:
Achieves 2,000 TPS
Fully decentralized, dYdX does not run any infrastructure
dYdX Chain infrastructure is run by DeFi enthusiasts worldwide
1/ It’s finally here
Today, we’re proud to present and fully open-source the completed dYdX Chain!
This is the next chapter for dYdX and we’re so excited that it’s here.
Let’s get into the details:https://t.co/ydil2jkqJs
— dYdX (@dYdX) October 24, 2023
Are dYdX and Uniswap different from each other?
Unlike Uniswap, which adopted a BSL commercial license to prevent code plagiarism, dYdX Chain announced that the code is completely open source.
In addition, just after founder Hayden Adams announced that Uniswap would start charging a front-end handling fee of 0.15%, the founder of dYdX announced within a few hours that dYdX would transform into a public benefit company and would not generate any trading revenue from V4.
(dYdX transforms into a public benefit company and will not generate transaction fee income from V4! The mainnet is expected to be launched this month)
dYdX Trading Inc. has officially updated its charter to become a Public Benefit Corporation
As open source software developers, we will not operate or generate trading fee revenue from dYdX v4. We are serious about being as aligned as possible with the community
— Anthony | dYdX (@AntonioMJuliano) October 17,
dYdX founder recently spoke: Tribute to Fred Ehrsam
Fred Ehrsam recently announced that he would step down as managing partner of Paradigm, and dYdX founder Antonio Juliano seems to be feeling this.
He tweeted to express his respect for Fred Ehrsam who founded Coinbase and Paradigm successively, and believed that it must be a difficult decision for Fred Ehrsam to leave such an important position.
The same goes for Antonio Juliano, who said that being the CEO of dYdX is his happiest and most perfect job, and he is proud of everything that the current protocol has established.
Note: The community and some media seem to mistakenly believe that Antonio Juliano may resign.
If I ever decide to step down as CEO of dYdX, do not congratulate me
A change is difficult but not itself significant. What I have built, what I let go, what I hold on to, and what I do next are what matters
Instead I would hope for your respect, sadness, appreciation, and…
— Anthony | dYdX (@AntonioMJuliano) October 25,
This article is different from Uniswap? dYdX Chain is officially launched, emphasizing that the code is fully open source. First appeared on Chain News ABMedia.