# DIP

**URL:** https://forums.derive.xyz/c/dip/10.md

[Latest](https://forums.derive.xyz/latest.md) · [Categories](https://forums.derive.xyz/categories.md) · [Tags](https://forums.derive.xyz/tags.md)

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## [About the DIP category](https://forums.derive.xyz/t/about-the-dip-category/231)

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**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\
**Replies:** 0\
**Last updated:** [September 5, 2024, 1:00am UTC](https://forums.derive.xyz/t/about-the-dip-category/231 "2024-09-05T01:00:09Z")

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This category is for DIPs to be published to the community for discussion and feedback.

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## [DIP: Expand Derive into US Regulated Markets](https://forums.derive.xyz/t/dip-expand-derive-into-us-regulated-markets/329)

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**Author:** [@Ian](https://forums.derive.xyz/u/Ian)\
**Replies:** 0\
**Last updated:** [October 12, 2026, 1:07pm UTC](https://forums.derive.xyz/t/dip-expand-derive-into-us-regulated-markets/329 "2026-10-12T13:07:03Z")

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DIP: Expand Derive into US Regulated Markets Simple Summary Authorize the Derive Foundation and its subsidiaries to explore and pursue legal and regulatory pathways for bringing Derive’s derivatives infrastructure into t…

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## [DIP: Increase $DRV Buyback Allocation from 35% to 50% of Protocol Fees](https://forums.derive.xyz/t/dip-increase-drv-buyback-allocation-from-35-to-50-of-protocol-fees/324)

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**Author:** [@Andras\_Derive](https://forums.derive.xyz/u/Andras_Derive)\
**Replies:** 2\
**Last updated:** [September 25, 2026, 1:28am UTC](https://forums.derive.xyz/t/dip-increase-drv-buyback-allocation-from-35-to-50-of-protocol-fees/324 "2026-09-25T01:28:44Z")

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Summary This DIP proposes increasing the share of applicable protocol fees allocated to weekly $DRV buybacks from 35% to 50%. The existing buyback mechanism, cadence and execution process would remain unchanged. The pro…

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## [DIP: Fully Deprecate USDH Bridge and Return USDH to Owners](https://forums.derive.xyz/t/dip-fully-deprecate-usdh-bridge-and-return-usdh-to-owners/318)

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**Author:** [@Ian](https://forums.derive.xyz/u/Ian)\
**Replies:** 0\
**Last updated:** [July 8, 2026, 10:56am UTC](https://forums.derive.xyz/t/dip-fully-deprecate-usdh-bridge-and-return-usdh-to-owners/318 "2026-07-08T10:56:52Z")

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DIP: Fully Deprecate USDH Bridge and Return USDH to Owners Simple Summary Fully deprecate the legacy USDH bridge at the request of the USDH/native team, disable further USDH bridge activity, and return all USDH held by t…

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## [DIP: Update DRV Buybacks, Staking Emissions and Unstake Period](https://forums.derive.xyz/t/dip-update-drv-buybacks-staking-emissions-and-unstake-period/313)

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**Author:** [@Ian](https://forums.derive.xyz/u/Ian)\
**Replies:** 1\
**Last updated:** [April 3, 2026, 3:38am UTC](https://forums.derive.xyz/t/dip-update-drv-buybacks-staking-emissions-and-unstake-period/313 "2026-04-03T03:38:34Z")

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Simple Summary Increase the portion of protocol fees allocated to DRV buybacks from 25% to 35%, reduce staking rewards from 250,000 DRV per week to 100,000 DRV per week, and reduce the unstake period from 28 days to 7 da…

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## [\[DIP\] Transfer Ownership of Protocol Parameters and Treasury Assets to Derive BVI Subsidiary](https://forums.derive.xyz/t/dip-transfer-ownership-of-protocol-parameters-and-treasury-assets-to-derive-bvi-subsidiary/309)

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**Author:** [@Jake](https://forums.derive.xyz/u/Jake)\
**Replies:** 1\
**Last updated:** [January 29, 2026, 2:17am UTC](https://forums.derive.xyz/t/dip-transfer-ownership-of-protocol-parameters-and-treasury-assets-to-derive-bvi-subsidiary/309 "2026-01-29T02:17:51Z")

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Simple Summary Transfer ownership of protocol parameters and treasury assets into Derive Subsidiary (BVI) Ltd (the “BVI Subsidiary”), a subsidiary of Derive Foundation (the “Foundation”). Permit BVI Subsidiary to manage …

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## [DIP: Strategic Mint for Institutional Expansion](https://forums.derive.xyz/t/dip-strategic-mint-for-institutional-expansion/303)

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**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\
**Replies:** 5\
**Last updated:** [September 15, 2025, 7:29pm UTC](https://forums.derive.xyz/t/dip-strategic-mint-for-institutional-expansion/303 "2025-09-15T19:29:41Z")

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Abstract This proposal authorizes the mint of 500 million DRV tokens (a 50% increase from the current 1B supply - or 33% dilution to existing DRV holders). We estimate that this will lead to, at most, dilution of 8.25% p…

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## [\[DIP\] Burn Policy for Existing and Future $DRV Buybacks](https://forums.derive.xyz/t/dip-burn-policy-for-existing-and-future-drv-buybacks/304)

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**Author:** [@degeneratoor](https://forums.derive.xyz/u/degeneratoor)\
**Replies:** 1\
**Last updated:** [September 15, 2025, 12:36am UTC](https://forums.derive.xyz/t/dip-burn-policy-for-existing-and-future-drv-buybacks/304 "2025-09-15T00:36:09Z")

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Simple Summary Burn all $DRV previously acquired through buybacks, and require that all future buybacks are burned immediately upon purchase. Abstract This proposal authorizes a one-time burn of all $DRV that came from …

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## [\[DIP\] Revitalize Derive](https://forums.derive.xyz/t/dip-revitalize-derive/289)

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**Author:** [@Pengu](https://forums.derive.xyz/u/Pengu)\
**Replies:** 0\
**Last updated:** [May 15, 2025, 6:38pm UTC](https://forums.derive.xyz/t/dip-revitalize-derive/289 "2025-05-15T18:38:15Z")

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Simple Summary Revitalize Derive by rewarding key stakeholders accordingly. Abstract This proposal presents a strategic alternative to external acquisition by equipping Derive with the tools to scale independently. It…

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## [\[DIP\] Synthetix Acquires Derive](https://forums.derive.xyz/t/dip-synthetix-acquires-derive/277)

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**Author:** [@mjs](https://forums.derive.xyz/u/mjs)\
**Replies:** 8\
**Last updated:** [May 15, 2025, 1:28pm UTC](https://forums.derive.xyz/t/dip-synthetix-acquires-derive/277 "2025-05-15T13:28:17Z")

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Simple Summary Synthetix Acquires Derive. Abstract This proposal outlines Synthetix’s acquisition of Derive via an SNX-for-DRV token swap. Synthetix will integrate Derive’s existing product suite (options, perps, struct…

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## [\[DIP\] Derive DAO increase revenue allocation for weekly buybacks](https://forums.derive.xyz/t/dip-derive-dao-increase-revenue-allocation-for-weekly-buybacks/279)

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**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\
**Replies:** 3\
**Last updated:** [May 14, 2025, 7:27pm UTC](https://forums.derive.xyz/t/dip-derive-dao-increase-revenue-allocation-for-weekly-buybacks/279 "2025-05-14T19:27:32Z")

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\# Simple Summary This proposal seeks to increase the weekly revenue allocation for $DRV token buybacks from 25% to 80%. # Abstract The objective of this proposal is to authorize the buyback and accumulation of $DRV to…

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## [\[DIP\] Establish and confirm Grants Distribution through Derive Governance](https://forums.derive.xyz/t/dip-establish-and-confirm-grants-distribution-through-derive-governance/274)

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**Author:** [@MasterMojo](https://forums.derive.xyz/u/MasterMojo)\
**Replies:** 0\
**Last updated:** [March 25, 2025, 12:08pm UTC](https://forums.derive.xyz/t/dip-establish-and-confirm-grants-distribution-through-derive-governance/274 "2025-03-25T12:08:35Z")

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Optimism proposal: CharmVerse - The Network for Onchain Communities Milestone: https://forums.derive.xyz/ Simple Summary Establish and confirm grants distribution through Derive Governance Abstract This is a forma…

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## [\[DIP\] List Threshold Network’s tBTC on Derive Ethereum, Arbitrum and Base markets](https://forums.derive.xyz/t/dip-list-threshold-network-s-tbtc-on-derive-ethereum-arbitrum-and-base-markets/273)

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**Author:** [@FREDY](https://forums.derive.xyz/u/FREDY)\
**Replies:** 0\
**Last updated:** [March 13, 2025, 12:47am UTC](https://forums.derive.xyz/t/dip-list-threshold-network-s-tbtc-on-derive-ethereum-arbitrum-and-base-markets/273 "2025-03-13T00:47:45Z")

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Summary The proposal recommends listing Threshold Network’s tBTC, as a supported collateral asset on Derive Ethereum, Arbitrum and Base markets. By adding tBTC, Derive will unlock the borrowing demand for this pegged BTC…

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## [\[DIP\] Renew Lyra Foundation Funding](https://forums.derive.xyz/t/dip-renew-lyra-foundation-funding/271)

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**Author:** [@Nick](https://forums.derive.xyz/u/Nick)\
**Replies:** 0\
**Last updated:** [February 26, 2025, 11:14pm UTC](https://forums.derive.xyz/t/dip-renew-lyra-foundation-funding/271 "2025-02-26T23:14:43Z")

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Simple Summary Grant 60,000,000 DRV to the Lyra Foundation in order to continue supporting the growth of the Derive Ecosystem. Abstract Grant 60,000,000 DRV to the Lyra Foundation in order to continue promoting the De…

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## [\[DIP\] Permit Early Licensing of Lyra v2-core for New Options Protocol on Hyperliquid](https://forums.derive.xyz/t/dip-permit-early-licensing-of-lyra-v2-core-for-new-options-protocol-on-hyperliquid/267)

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**Author:** [@realgrizzle](https://forums.derive.xyz/u/realgrizzle)\
**Replies:** 0\
**Last updated:** [February 4, 2025, 10:56pm UTC](https://forums.derive.xyz/t/dip-permit-early-licensing-of-lyra-v2-core-for-new-options-protocol-on-hyperliquid/267 "2025-02-04T22:56:31Z")

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Summary / Abstract: Hyperdelta is an in-development option platform in the Hyperliquid ecosystem. Hyperdelta proposes to adapt Derive’s mature smart contract infrastructural foundation as a base for its protocol. It wou…

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## [\[DIP\] wstETH Harvest vault launch](https://forums.derive.xyz/t/dip-wsteth-harvest-vault-launch/265)

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**Author:** [@AlvaroHK](https://forums.derive.xyz/u/AlvaroHK)\
**Replies:** 4\
**Last updated:** [February 6, 2025, 8:18am UTC](https://forums.derive.xyz/t/dip-wsteth-harvest-vault-launch/265 "2025-02-06T08:18:00Z")

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\# Simple Summary Launch new Earn vault with wstETH as main asset. It will follow the Harvest strategy as the other similar Harvest vaults on the Earn program. # Abstract The proposal targets to launch an specific vaul…

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## [Make Velodrome the liquidity layer of Derive](https://forums.derive.xyz/t/make-velodrome-the-liquidity-layer-of-derive/243)

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**Author:** [@0xmethodic](https://forums.derive.xyz/u/0xmethodic)\
**Replies:** 0\
**Last updated:** [October 29, 2024, 4:58am UTC](https://forums.derive.xyz/t/make-velodrome-the-liquidity-layer-of-derive/243 "2024-10-29T04:58:49Z")

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Simple Summary This proposal showcases the benefits of deploying Velodrome to Derive chain and leveraging the MetaDEX model to access shared liquidity across the Superchain. Liquidity incentives are critical for bootstr…

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## [\[DIP\] DRV Token Launch and Functionality](https://forums.derive.xyz/t/dip-drv-token-launch-and-functionality/233)

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**Author:** [@domrom](https://forums.derive.xyz/u/domrom)\
**Replies:** 3\
**Last updated:** [September 9, 2024, 12:06am UTC](https://forums.derive.xyz/t/dip-drv-token-launch-and-functionality/233 "2024-09-09T00:06:58Z")

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Simple Summary Outline the functionality of DRV - the token for Derive, a composable ecosystem of derivatives. This DIP is also the first formal mention of the new brand, with the following migrations in terminology: L…
