dYdX (@dYdX): Buybacks create long term alignment between the dYdX platform and the $DYDX token.
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- DYDX+75Positive
Buybacks create long term alignment between the dYdX platform and the $DYDX token. Put simply, the higher the volume on dYdX, the more fees will be generated, which allows for more tokens to be bought back and staked to dYdX validators.