DYDX, a well-known decentralized trading platform, recently announced that it will transform into a public welfare company, and its mainnet is expected to be launched this month. This transformation has attracted widespread attention in the industry, especially the news that trading revenue will not be generated from V4 has aroused people's curiosity. This article will explore the background, significance and possible impact of DYDX's transformation from multiple perspectives, in order to present a colorful picture to readers.

As an influential decentralized trading platform, DYDX's decision to transform into a public welfare company is really surprising. However, there must be profound connotations and strategic considerations behind this move. First of all, we need to understand why DYDX made such a transformation decision. It is reported that DYDX hopes to better serve the general public by transforming into a public welfare company, and use technological innovation as a driving force to promote the application and development of blockchain technology in the public welfare field. This move not only reflects DYDX's commitment to social responsibility, but also shows its forward-looking thinking on the development of the industry.

Against this background of transformation, DYDX's mainnet is expected to be launched this month, which will undoubtedly become a hot topic in the industry. The launch of the mainnet will inject new vitality into the future development of DYDX and will also bring users a more convenient and secure trading experience. This move is also expected to further expand the influence of DYDX, attract more attention and participation from users and investors, and promote the popularization and application of blockchain technology.

However, the most eye-catching news is the news that trading income will not be generated from V4. What is the deep meaning behind this decision? According to relevant sources, DYDX hopes to achieve a more fair and reasonable distribution of trading income through this move, avoid concentration in some nodes, and ensure the stability and healthy development of the entire ecosystem. This innovative approach not only reflects DYDX's high attention to user interests, but also demonstrates its spirit of exploration and responsibility for the blockchain industry.

In summary, DYDX's transformation into a public welfare company, the mainnet is expected to be launched this month, and trading income will not be generated from V4. This series of measures will undoubtedly bring new vitality and development opportunities to the entire blockchain industry. With its unique perspective and forward-looking strategy, DYDX will surely explore a new direction in the future development path and set a higher benchmark and example for the entire industry. I believe that with the continuous development and growth of DYDX, the application and promotion of blockchain technology will usher in a broader development space and contribute to the construction of a more fair and transparent digital economic system.

In this era full of change and innovation, DYDX's transformation will undoubtedly inject new vitality and impetus into the entire blockchain industry. As a public welfare company, DYDX will continue to uphold its responsibility and mission, promote the development of blockchain technology, and contribute to the progress and development of society. Let us look forward to DYDX's more brilliant achievements in the future journey and work hard to build a better digital world!

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CoinCircle (120BTC.CoM): dYdX V4 has been in development for more than a year, and its founder Antonio
Juliano has said that the mainnet is expected to be launched in October. In addition, he recently announced that dYdX has transformed into a public interest company and will not generate transaction income from V4.

 dYdX V4 is under continuous testing, and the mainnet is expected to be launched in October

According to previous reports, the derivatives exchange dYdX on Ethereum L2 will migrate the protocol to the Cosmos ecosystem in the future V4 version and develop the "dYdX chain" based on the Cosmos SDK.

Currently, the dYdX chain testnet 3 has been closed, and the testnet 4 will be launched later this week. In addition, in an interview with CoinDesk with dYdX founder Antonio
Juliano, Antonio expected that the dYdX chain mainnet will be launched in October. 

 dYdX transforms into a public benefit company and does not generate transaction income from V4

As the dYdX mainnet is about to be released, founder Antonio announced important news on X. Antonio said that dYdX Trading Company has officially updated its charter to become a public benefit company.

"As an open source software developer, we will not operate or generate transaction fee income from dYdX V4, and we are serious about aligning with the community."

Antonio added that despite being a public benefit company, dYdX will continue to operate as a profit-making company. However, this will enable him and the board of directors to act not only to maximize shareholder value, but also for the public interest.