🔥 @dYdX v4.0 is launching with a bang!

This update is not just an "upgrade"; it's a comprehensive evolution💥
Not only is the performance stronger, but community governance and security mechanisms have also been fully enhanced!

🎁 First, I must praise the Content Creator Incentive Program!
dYdX is really generous this time, directly announcing the winners' list, allowing quality content to be seen, which also indirectly encourages everyone to participate more and speak up. The community atmosphere suddenly became lively.

🛠 One of the most practical features in the new functions: Reduce-only orders

In simple terms, this type of order will only help you reduce your position and will not mistakenly increase it.
Especially friendly for friends who do short-term trading and set conditional orders, it stabilizes risks while improving operational efficiency.
💸 The withdrawal mechanism has also been significantly upgraded. The IBC cross-chain now has withdrawal rate limits, controlled hourly and daily. In case of on-chain anomalies or issues with sub-accounts, a protection mechanism can be triggered to directly freeze assets, effectively preventing "black swan" events.

🧠 In terms of the governance module, a tough task was undertaken: x/govplus

Token holders finally have real power! When encountering malicious validators, such as those engaging in MEV schemes, they can now directly initiate penalties. Community governance is moving towards true decentralization.

🌱 Overall, this version of dYdX is truly paving the way for "long-termism". It is not only user-friendly and secure but also begins to seriously listen to the community's voice. This is how a DeFi project should be.

@KaitoAI #KaitoYapper