Decentralized exchange dYdX (DYDX) has announced a significant increase to its buyback program. A recently passed governance proposal will now allocate 75% of protocol revenue to open market buybacks of the DYDX token. This represents a substantial increase from the previous 25% buyback rate and came into effect today. This decision aims to bolster the DYDX token's value and incentivize long-term holding within the dYdX ecosystem. By utilizing a larger portion of protocol fees for buybacks, dYdX is effectively returning value to its token holders. The increased buyback rate signals a strong commitment from the dYdX team to the growth and sustainability of the platform. It remains to be seen how this change impacts the market price of DYDX in the coming weeks. ```