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Epoch 11: Adding New Assets to the Starkware Priority Timelock Executor

Voting ended over 3 years agoSucceeded

In reference to: https://commonwealth.im/dydx/discussion/5215-new-assets-for-epoch-11

Summary

We propose adding the following assets to the Starkware Priority Timelock Executor.

  1. ApeCoin (APE) Motivation: Since launching, APE has been very actively traded across multiple perpetual exchanges, with strong retail demand for NFT related assets. 24h Perpetual Volumes: $515M

  2. Stepn (GMT) Motivation: Stepn has been widely popular among retail and non-crypto native users, attracting immense trading volumes across spot and perp venues. 24h Perpetual Volumes: $2,200M

  3. Fantom (FTM) Motivation: Although not as recent to the market, Fantom remains an L1 challenger with consistent volumes and developments that we would benefit from capturing. 24h Perpetual Volumes: $560M

  4. Axie Infinity (AXS) Motivation: Representing the gaming side of our universe, AXS has also captured a ton of retail flow with high volumes and developments. 24h Perpetual Volumes: $660M

  5. Optimism (OP) Chaos Labs is in the process of adding this asset. Motivation: Having just recently launched, OP is experiencing heightened interest and volume as markets adopt this new asset. We think it’s important for dYdX to be a part of this adoption. 24h Perpetual Volumes: $265M

These assets have been reviewed by the New Asset Listing group, and received positive feedback from market makers and community members. Please review the assets using the Chaos Labs tool here: https://dydx.chaoslabs.xyz/asset-listing

If approved:

  • A DIP will be submitted to add these 5 assets to the Starkware Priority Timelock Executor. It also signals community belief that dYdX Trading Inc. should prioritize listing these assets.

Should these assets be added to dYdX?

Off-Chain Vote

Yes
11.01M DYDX100%
No
2.27K DYDX0%
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Timeline

Jun 03, 2022Proposal created
Jun 04, 2022Proposal vote started
Jun 08, 2022Proposal vote ended
Apr 28, 2025Proposal updated