According to Blockworks, multichain liquid staking protocol Stride has proposed that the dYdX community participate in securing its network by staking 20 million DYDX ($67 million) from its community pool with Stride 2's liquid staking protocol. The proposal aims to enable dYdX community members to increase the economic security of the chain and redistribute stake weight among validators. The dYdX chain currently has around 115 million DYDX ($388 million) staked, even though the liquid supply of the token is over 320 million DYDX ($1.08 billion). The proposal also notes a plateau in DYDX token stakes despite the increase in the number of deposits on the chain. As deposits and the size of the community treasury grow, malicious activity is likely to increase, making it important to diversify part of the community treasury. Stride's proposal suggests that the community only needs to agree on a total amount to stake, with all other responsibilities managed through Stride. Staking rewards on dYdX are earned through fees paid by users to trade on the protocol and are accrued in the form of USDC stablecoins. Stride has a mechanism for auto-compounding rewards back into staked DYDX, allowing the community treasury to accumulate over time. Stride charges a protocol fee of 10% for the staking rewards of liquid tokens, which will be reduced by 2.5% to 7.5% on the staked position. This allows most USDC inflows accrued from the staking rewards to end up directly in the community treasury. The proposal was posted on the dYdX forum on March 15, and a signaling post will go live on Tuesday, March 19, concluding on March 23.