The mainnet launch is divided into three stages:
Mainnet Genesis: The main chain starts to generate blocks
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Alpha stage: The bridge with the old currency will be opened on October 30, staking is possible, and transactions will not be enabled.
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Beta stage: When the pledge amount reaches network stability, the transaction will be started.
The Dydx chain is led by dYdX Operations subDAO. The opening of staking rewards and incentives will be subject to proposal voting.
According to DefiLlama data, the DeFi TVL of the entire network is about 38.207 billion US dollars, a new low since January 6 this year, and a drop of about 27.4% from the year's high.