DYdX announces the upcoming launch of LP Vault, aimed at allowing users to use dYdX Chain to provide automatic liquidity policies on the protocol by depositing into USDC. It is reported that LP Vault may be deployed to dYdX Chain in two stages. The first stage is an experimental version of LP Vaults, which only supports deposits; In the second stage, depositors can withdraw funds from each LP vault, and LP vaults will also enjoy unique trading privileges.
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