According to dYdX Foundation, the community has successfully voted to distribute $1.5 million in $DYDX tokens from the dYdX Chain Community Treasury. This distribution is targeted at qualifying users as a part of trading season 9 of the dYdX Chain Incentives Program, aiming to stimulate trading activities and enhance user engagement on the platform. The initiative reflects a strategic move to incentivize active traders, potentially impacting $DYDX trading volumes positively. Source: dYdX Foundation Twitter.

According to @dydxfoundation, the dYdX Community Treasury currently holds 80.5 million vested $DYDX and 19.4 million vested stDYDX tokens. The foundation encourages the community to evaluate the current and future direction of the treasury's assets.