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DYDX To Slash Token Issuance To Boost Price


dYdX (DYDX) is an open-source platform that supports smart contracts. Users can lend, borrow, and exchange digital assets using dYdX. Although it supports spot trading, the platform's major focus is on margin trading and derivatives.

The idea of dYdX reducing its total token supply has been proposed. Due to the governance plan, there will be 575,342 DYDX distributed to liquidity providers per cycle . This means that a 50% reduction is a little under $1 million at the present exchange rate.

The founder of dYdX, Antonio Juliano, said the total token emissions would reduce by about 25%. Based on the basic economic principle - limiting supply can raise prices. Fewer issuance might benefit the price of DYDX.


Is This the Right Time To Buy Conflux (CFX)?


The CFX token, serves as the foundation of the Conflux economy, allows platform users to pay transaction fees. Additionally, users can earn rewards for staking, rent storage, and take part in network governance.

Over the past 24 hours, Conflux has increased 3.6%, bringing its price to $0.184. Due to these factors, this change has occurred as the coin's market capitalization has increased, and volume is lower than typical.

The total market cap of Conflux is $567.2M, according to data from CoinMarketCap, with a $37.4M trading volume in the past day. However, the Conflux token receives a low-risk rating due to the price fluctuation in response to the volume and market capitalization changes.


Pomerdoge Draws Investors Conflux and dYdX Taking Notes


Pomerdoge embraces the captivating world of play-to-earn gaming. As such, it has drawn considerable notice for its cutting-edge strategy. Because of this, this project has grabbed the attention of gamers thanks to its engaging gaming experience that rewards participants.


Because of this, Pomerdoge offers users the chance to earn prizes by participating in activities and playing games. This provides genuine utility and earning potential, unlike Dogecoin (DOGE).


Additionally, early participants in the Pomerdoge presale will receive special advantages. They can access a set of 7,777 unique tokens (NFTs), each with exceptional value and use in the game.


Finally, by purchasing these NFTs using Pomerdoge tokens ($POMD), users can access all kinds of prizes and order unique things from the Pomerdoge marketplace. The tokens can be bought in the initial phase of the Pomerdoge presale for only $0.007.

Find out more about the Pomerdoge (POMD) Presale Today

Website: https://pomerdoge.com/

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