dYdX Announces Upcoming Release of LP Vault
dYdX has officially announced that it will be launching LP Vaults, with the aim of allowing users to use the dYdX Chain to provide automated liquidity strategies on the protocol by depositing USDC. It is understood that LP Vaults may be deployed to the dYdX Chain in two phases, with the first phase being an experimental version of LP Vaults that only supports deposits; the second phase will allow depositors to withdraw funds from each LP Vault, which will also utilize unique trading privileges.
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