I have been playing with dYdX after the fud around excahnges and wanted to understand how a few things work?
1. How does dYdX give me the custody of the funds like ThorChain (RUNE) on the Ethereum network when the original RUNE token does not exist on this blockchain
2. How frequently are the Vaults pushed on-chain – is it every x transactions or how does it work
3. Why does dYdX take 2 signatures everytime I connect my wallet?
4. What is the benefit of using a Order based book over AMM – also how does on-chain orderbook vs off-chain orderbook work
1 thought on “Help me understand dYdX a bit more?”
Don’t know much but token unlocks happening soon.