Reminder: In the Alpha Stage critical emphasis is placed on bolstering the network's stability and security.
The amount of DYDX staked to Validators of the dYdX Chain directly contributes to stability and security of the network⛓️
Progression from Alpha to Beta will be determined by a governance vote, amongst other factors
In the Alpha Stage there are no trading capabilities. Limited trading capabilities should be available in the Beta Stage.
If DYDX token holders wish to bridge their ethDYDX, they can do so through the official dYdX Operation subDAO’s user interface at bridge.dydx.trade. Please exercise caution and do your own research (DYOR) when interacting with unofficial bridge links.
For a step-by-step guide, refer to the 'How to Bridge' guide and follow the instructions.
Our recent article titled "The dYdX Chain Launch" highlighted the critical role of the Alpha Stage. To reiterate, the Alpha Stage's primary focus is placed on stability and security of the dYdX Chain. Stability and security primarily comes from the amount of DYDX tokens bridged and staked to Validators of the dYdX Chain. A significant number of DYDX tokens must be staked with these Validators to ensure the chain's security and stability before trading is enabled on the platform.
Stay informed, as we'll provide frequent updates on our progress during the Alpha Stage. Users should not interact with the User Interface or engage in staking to Validators without proper knowledge, understanding and without DYOR (do your own research).
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We’ll post an article detailing the Beta Stage and its comprehensive features over the next few days.
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