DYdX to vote on USDC deposit conversion to Injective on the 16th
Original headline디와이디엑스, USDC 입금 인젝티브 전환안 16일 표결
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dYdX has proposed a v9.9 chain upgrade that would migrate the backing of its in-chain USDC from Noble to Injective, with a governance vote expected on April 16 and, if passed, the upgrade slated for around 02:00 KST on April 18. The operations subDAO's proposal introduces a module that records whether chain balances are backed by Noble or Injective assets, with the transition designed to shift backing between the two networks in stages. The change matters because USDC underpins trading, accounts, balances and fees on the dYdX chain, so altering its backing touches core settlement infrastructure. Watch the April 16 vote outcome and the subsequent migration of backing between Noble and Injective.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
dYdX (DYDX), USDC, Injective (INJ), Noble
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