CEO of the cryptocurrency platform dYdX
Antonio Juliano is Resigning as CEO of the cryptocurrency platform dYdX
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CEO of the cryptocurrency platform dYdX
Antonio Juliano, the creator of dYdX, is resigning as the platform’s CEO.
In an official blog post, Juliano laid out his objectives for taking over as chairman and president of the business. Ivo Crnkovic-Rubsamen, the former operational partner of dYdX, will take over as CEO.
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“I realized I didn’t actually have to run my own company. I am and will always be the founder of dYdX.”
Antonio Juliano, dYdX Founder
CEO of the dYdX-qualified successor
The creator of the platform also underlined his dedication to helping his colleagues grow as leaders within the company until a qualified successor appears.
Juliano gave users comfort, nevertheless, saying that he still has a great interest in dYdX’s future. The company’s creator emphasized that dYdX’s journey is far from over and expressed unrelenting optimism about the company’s direction. Juliano will take on the roles of chairman and president of the business after stepping down as CEO.
“I will always be the leader of dYdX. I will continue to drive major decisions and strategy, and will also work closely with Ivo as he runs the day to day operations.”
Antonio Juliano, dYdX Founder
Ivo Crnkovic-Rubsamen fills the role of CEO.
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Ivo Crnkovic-Rubsamen, Juliano’s “longtime friend and partner in running the company,” was prepared to assume the role of CEO. “It is due to all of this that I will be becoming Chairman and President of dYdX Trading Inc. instead of continuing as CEO.”
Nonetheless, the founder of dYdX declared that he will “keep driving major decisions and strategy” and collaborate closely with Crnkovic-Rubsamen in managing day-to-day operations.
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“dYdX is not done yet. Not in the slightest, he said. “Now, more than ever, there is a chance. It is increasingly clear that DeFi, with derivatives playing a major role, will be the predominant use case for crypto. Decades from now, what we construct will be known. I’m still really looking forward to that journey and my new role in it.
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FAQs
What is dYdX?
dYdX is a decentralized exchange (DEX) that allows users to trade perpetual futures contracts (aka perpetual contracts) for over 35+ cryptocurrencies, including BTC, ETH, and SOL
How to make money on dYdX?
You start earning yield with most of the Staking and Standard Rewards assets once they are purchased. To earn yield by staking ETH or depositing assets in DeFi yield, you will need to purchase the asset and then agree to terms to enable the option and start earning rewards.
What assets are on dYdX?
With dYdX’s Perpetual Contract Markets, you may leverage synthetic assets up to 20 times without any expiration. Perpetual markets for BTC-USD, ETH-USD, LINK-USD, and other currencies are available on dYdX, and more markets will be added in the future. The Perpetuals product lists every Perpetual market.
What is dYdX token used for?
Tokens for dYdX can be allocated to other Ethereum addresses or used to submit and vote on proposals for governance. Among the issues that holders of dYdX can vote on are: defining the safety staking pool pays in the event of a loss. defining the Layer 2 protocol’s risk parameters.
Who is behind dYdX?
The creator of the decentralized derivatives exchange dYdX, Antonio Juliano, DYDX -2.25% Trading Inc., has resigned as CEO, citing circumstances related to his personal and professional life.