Why Is dYdX Ditching Ethereum?

David Gogel, VP of Strategy and Operations at the dYdX Foundation, discusses the recent milestone of operating on their independent app chain. They delve into the transition process, tokenomics mechanisms, and the implications for dYdX going forward. Topics include the entities within the dYdX ecosystem, the benefits of a separate chain, on-chain trading, customized proof of stake blockchain, open-source nature of the dYdX exchange, tokenomics for validators, and bridging USDC to the dYdX chain.