Author: Dymension; Translation: Golden Finance xiaozou
The modular blockchain Dymension mainnet will be launched soon, and DYM (the native asset of the Dymension protocol) will be launched. DYM will play a key role in the Dymension ecosystem - ensuring security, promoting growth, and supporting Dymension and the RollApp built on top of it.
The first round of DYM’s Rolldrop series distribution is the Genesis Rolldrop.
First round: Genesis Rolldrop
Now, eligible addresses can visit the following website to apply for airdrops: https://genesis.dymension.xyz /
The only way to participate in the Genesis Rolldrop is through https://genesis.dymension.xyz/. Please note that neither the claim site nor members of Dymension Labs nor the Dymension Foundation will ask you to submit your private keys or ask you to transfer tokens from your wallet.
This round of airdrops will last until 12:00 UTC on January 21, 2024, after which the unclaimed balance will be reallocated (the claimed amount shown is the minimum amount). All allocated tokens will be immediately accessible in the genesis block of the Dymension mainnet.
Genesis Rolldrop is just the beginning of the Rolldrop airdrop season and will inspire enthusiasm among ecosystem users and builders. 7000 millionDYM (equivalent to 7% of the total supply) will be distributed as part of the Genesis Rolldrop.
DymensionThe debut pays homage to the three core pillars of cryptocurrency: culture, money and technology
Celestia has played an important role in promoting the birth of the modular ecosystem. As of December 19, 2023, users staking TIA on Celestia (block height 360,000) are eligible to receive 20 million DYM (2% of the total supply). Eligibility for this allocation is a minimum stake of 1 TIA and a maximum of 5,000 TIA will be counted towards the allocation.
Arbitrum and Optimism have always been important players in promoting the development of rollup technology. In order to encourage Arbitrum and Optimism users as well as Base and Blast users to explore Dymension, 1000 millionDYM (1% of the total supply) are provided for distribution. This allocation is both an affirmation of appreciation and an invitation to experience a standardized, natively integrated rollup platform with only one bridge and no multi-signing. Eligibility to participate in this distribution is determined based on the user's activity on the rollup, funds in the multi-sig bridge contract, and previous airdrop lists.
Cosmos is the pioneer of application chain theory, and many important contributions received by Dymension come from Cosmos ecosystem. The following addresses are eligible to receive a portion of the17.5 millionDYM (1.75% of the total supply) allocated to Cosmos from the genesis supply:
Solana has built a dedicated community and exceptional user experience, successfully shaping Dymension's product vision and future development trajectory. Therefore, we have compiled a list of over 180,000 addresses for the distribution of10millionDYMs (1% of the total supply) from various protocols including Wormhole, Tensor, Drip.Haus, etc. In order to qualify for the distribution, these addresses must have held at least 1 SOL before December 19th.
Culture
Cryptocurrency is fundamentally about people. We recognize the fundamental role of culture in crypto and recognize those communities that stand out the most. We welcome these communities to Dymension and we are allocating a total of 12.5 million DYM (1.25% of the total supply) to the following NFT series:
Following Creation After the airdrop, an incentive program dedicated to building the Dymension liquidity layer will be proposed for on-chain governance. The proposal aims to allocate250mDYM to users bridging the token to the Dymension network.
For a simple bridging experience, the Dymension core team provides a web page at https://portal.dymension.xyz/Applications.
How will this plan work? Very simple. When you bridge a whitelisted token, you have the option to lock the token (which can be unlocked immediately at any time). The Dymension protocol offers DYM rewards to users who lock up bridge tokens. These DYM rewards will be sent directly to your account. The following tokens will be eligible for rewards:
In addition, You can also choose to deposit DYM and bridge tokens into the incentivized liquidity pool on the Dymension Hub AMM.
The community will be notified when the program is launched, which is expected to be approximately one week after the mainnet launch.
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