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that, if deployed, could facilitate the conversion by users of ethDYDX to DYDX, the layer 1 token of the dYdX Chain.that the mainnet genesis of the dYdX Chain occurred with Genesis Validators participating in the creation of the first block of the dYdX Chain.Following the mainnet genesis of the dYdX Chain and the open sourcing of the Bridge User Interface software, the dYdX Operations subDAO has announced that a Bridge User Interface has been deployed and made publicly available.
Transitioning from the Alpha to Beta stage depends on performance metrics and a successful dYdX Chain governance vote, among other key factors. The Beta stage is expected to enable limited trading functionality, paving the way for a full production version of the dYdX Chain. The parties, applications and solutions mentioned in or referred to in this post, including the dYdX Operations subDAO and dYdX Trading Inc., are independent from and unaffiliated with dYdX Foundation.
Nothing in this post should be used or considered as legal, financial, tax, or any other advice, nor as an instruction or invitation to act by anyone. The dYdX Foundation makes no recommendation as to how to vote on any proposal in dYdX governance, or to take any action whatsoever. The dYdX community is sovereign to make decisions freely and at its sole discretion, in accordance with the governance rules, principles, and mechanisms adopted by the dYdX DAO.
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