Skip to content

Commit 094238a

Browse files
committed
Update description on PK's
1 parent e0c28bb commit 094238a

File tree

4 files changed

+20
-14
lines changed

4 files changed

+20
-14
lines changed

docs/pages/concepts/architecture/oegs.mdx

Lines changed: 1 addition & 1 deletion
Original file line numberDiff line numberDiff line change
@@ -1,7 +1,7 @@
11

22
# OEGS
33

4-
## What is the Order Entry Gateway Service (OEGS) ?
4+
## What is the Order Entry Gateway Service (OEGS)
55
The Order Entry Gateway represents the next step in dYdX’s multi-stage performance evolution:
66

77
1. Designated proposers — A governance-selected subset of validators responsible for proposing blocks. This creates a predictable topology for faster routing (available in v9 software upgrade).

docs/pages/concepts/trading/rewards/index.mdx

Lines changed: 5 additions & 1 deletion
Original file line numberDiff line numberDiff line change
@@ -21,13 +21,17 @@ There are several reward mechanisms available with the protocol software.
2121

2222
See more on [Staking Rewards](/concepts/trading/rewards/staking-rewards).
2323

24-
## Trading Rewards
24+
## Trading Rewards (Note that C factor has been set to 0)
2525

2626
- Rewards distributed to `Traders` after each successful trade
2727
- Based on a specified `formula` with several inputs
2828
- Distributed automatically every block with successful trades
2929
- Claimed automatically
3030

31+
:::note
32+
Note that traders now earn 50% trading rebates directly after each trade as trading rewards via C factor have been set to 0 via governance.
33+
:::
34+
3135
See more on [Trading Rewards](/concepts/trading/rewards/trading-rewards).
3236

3337
## Fees

docs/pages/concepts/trading/rewards/trading-rewards.mdx

Lines changed: 3 additions & 2 deletions
Original file line numberDiff line numberDiff line change
@@ -99,11 +99,12 @@ Note that the community has voted to set the C parameter to 0
9999
:::
100100

101101
```
102-
Trading Reward from Taker Fee = 1,000,000 * (0.0004 − 0.00011 − 0.0002) * 0 * (1−0.6)
103-
Trading Reward from Taker Fee = 1,000,000 * 0.00009 * 0 * 0.4 = 18 = 0
102+
Trading Reward from Taker Fee = 1,000,000 * (0.0004 − 0.00011 − 0.0002) * 0.4 * (1−0.6)
103+
Trading Reward from Taker Fee = 1,000,000 * 0.00009 * 0.4 * 0.4 = 18
104104
```
105105

106106
For this example, the Trading Reward would be equivalent to $18 in DYDX for an approximate Taker Fee of $400 paid by the user.
107+
Note that however since the C factor has been reduced to 0, traders now get rebates directly instead of C constant trading rewards
107108

108109

109110
## FAQ

docs/pages/interaction/permissioned-keys/index.mdx

Lines changed: 11 additions & 10 deletions
Original file line numberDiff line numberDiff line change
@@ -14,22 +14,23 @@ There are 2 ways to setup Permissioned API Keys:
1414
2/ Via API (customisable)
1515

1616

17+
::::steps
18+
1719
### Setup Permissioned API Keys via Trade Interface
1820

1921
![Setup Permissioned API Key](/APIKey.png)
2022

21-
- On the dYdX.trade after loggin in with your wallet or socials, click `More → API Trading Keys`.
22-
- Click `Generate New API Key`.
23-
- The app then generates a new keypair:
23+
On the dYdX.trade, after signing in with your wallet or socials:
24+
- click `More → API Trading Keys`.
25+
- Click `Generate New API Key`. This generates a new keypair:
2426
- API Wallet Address
25-
- Private Key (one-time view)
26-
27-
- Make sure to save your Private Key immediately. It will not be shown again and is not stored by dYdX.
28-
- Check the terms and click Authorize API Key.
29-
- Done — you can repeat this process to create multiple API keys if needed.
27+
- Private Key
28+
:::note
29+
This is a one-time view, make sure to save your Private Key immediately. It will not be shown again and is not stored by dYdX
30+
:::
31+
- Check the `terms` and click `Authorize API Key`.
3032
- Now you can go to [Import private key](/interaction/permissioned-keys#trader) to start trading via API keys.
3133

32-
::::steps
3334

3435
### Create an authenticator
3536

@@ -195,7 +196,7 @@ client
195196

196197
Grab the authenticator ID created by the **owner** in [Add authenticator](/interaction/permissioned-keys#add-the-authenticator), either by:
197198
- request the **owner** for the authenticator ID or by using the list authenticators method to fetch the to be used authenticator (see [list authenticators](/interaction/permissioned-keys#last-authenticators)).
198-
- Get the private key from the owner in [**Owner**::Step 1](/interaction/permissioned-keys#get-the-private-key).
199+
- Get the private key from the owner in [via the Trade Interface](/interaction/permissioned-keys#get-the-private-key).
199200

200201

201202
### Setup the permissioned wallet

0 commit comments

Comments
 (0)