According to Odaily, dYdX has released details on the management of its DAO treasury. As of the publication date, the community treasury holds 80.5 million vested DYDX tokens and 19.4 million vested stDYDX tokens. Additionally, 129.7 million DYDX tokens will vest from the community Vester to the community treasury by August 2026.
Currently, the assets in the community treasury are limited to DYDX and stDYDX tokens. The lack of a legal entity could create uncertainties from a tax and regulatory perspective if the community wishes to convert some of its assets or earn other assets like USDC. Furthermore, having a community fund composed solely of DYDX and staked DYDX tokens introduces significant volatility and risk concentration to the overall value of the funds. This poses challenges for long-term financial planning and maintaining the DAO's operations over an extended period.
To ensure the future success of dYdX DAO, it may be in the community's best interest to expand the DAO to include a treasury sub-DAO.
