[dYdX Community Approves Allocation of 10 Million USDC from Insurance Fund to Support DAO] April 2 news: The dYdX Foundation announced that the 372 community on-chain vote has passed, approving the allocation of the Insurance Fund to provide financial support for the DAO. The proposal specifically involves transferring 10 million USDC from the dYdX chain Insurance Fund to three different entities: 2.5 million USDC to the dYdX Operations Sub-DAO as operational funding, 5 million USDC to the dYdX Treasury Sub-DAO as discretionary reserves, and 2.5 million USDC to the dYdX Foundation for ecosystem development and governance support. The Insurance Fund currently holds approximately 17 million USDC, with around 7 million USDC reserved as a protocol safety buffer.