CryptoCrew X Defi Dojo: dYdX Validator

28. November 2023

We are thrilled to announce an innovative partnership! CryptoCrew is partnering with Defi Dojo to operate a shared validator on the new dYdX chain!

Defi Dojo, co-founded by crypto’s ‘The Calculator Guy’, is a prominent player in the world of decentralized finance (DeFi), focusing on yield farming strategies. They boast a substantial following on YouTube and a vibrant Discord community. Recently, the team has also launched the Web3 data analytics firm ‘DeFine Logic Labs’, which is pioneering asset management strategies for Cosmos-based platforms such as Sommelier and Quasar. Their most successful product, ‘Real Yield ETH’ on Sommelier, has rapidly attracted $35M in Total Value Locked within just a few months and is currently ranked as the fourth biggest vault in DeFi.

CryptoCrew stands out as a highly secure blockchain validator, infrastructure provider, and one of the top-tier Inter-Blockchain Communication (IBC) relayers worldwide. In the past year, they have been instrumental in securing over $30M in staked assets delegated on more than 35 Interchain networks. As one of the dYdX chain Genesis validators, CryptoCrew has participated in 2 dYdX testnets and has helped to launch the v4 main chain in October 2023.

The synergy between these two teams sets the perfect stage for a collaboration, particularly as they join forces as a shared validator on the dYdX chain. 

dYdX is one of the leading decentralized trading platforms. It has been making waves in the DeFi space, offering users the ability to trade perpetual contracts with up to x20 leverage in a fully permissionless manner. Defi Dojo, with its extensive knowledge and community reach, will contribute to the growth of dYdX’s user base, while CryptoCrew’s expertise in validation and infrastructure ensures the security of delegator’s funds and the security and efficiency of the network.

The goal of the collaboration between the two projects as a partnered validator on the dYdX chain is to grow together, to provide the trading community with enhanced opportunities, and of course to strengthen the dYdX network. 

CryptoCrew X Defi Dojo, in partnership, are committed to expanding and securing the dYdX ecosystem. They pledge to always act in the best interest of all traders on the dYdX platform by not participating in any MEV (Maximal Extractable Value) activity, directly contributing to improved user experience on the platform.

Together, we grow the pie (📈,🥧)

CryptoCrew X Defi Dojo dYdX validator on Mintscan: https://www.mintscan.io/dydx/validators/dydxvaloper199fjq4rnfvz24cktl8cervx8h8e90ruk3yrrdn 

Find out more about CryptoCrew: https://ccvalidators.com 

Find out more about DeFi Dojo Validation: https://twitter.com/DefiDojoBlocks