Dymension (DYM) Announces an Airdrop for Its Users

Dymension (DYM) marks the inaugural project to unveil an airdrop announcement in the early days of the new spring of 2024.

Dymension (dym) Announces An Airdrop For Its Users._65b973dbbaa2d.webp

Dymension (DYM) announces an airdrop for over 1 million wallets.

According to the announcement on January 2, 2024, on the social media platform X (Twitter), Dymension officially revealed the first-season airdrop for its users.

As per the listed information, the project will distribute free tokens to over 1 million wallet addresses. The allocated amount reaches up to 70 million DYM, equivalent to 7% of the total token supply. Users have until January 21 to claim the airdrop, starting from today.

So, who qualifies for this airdrop? Dymension specifies that NFT holders, stakers, or users of dApps on Ethereum, Celestia, Cosmos, and Solana chains are eligible. The snapshot was taken on December 19, 2023, meaning the project considers only wallets meeting the criteria before this time.

Criteria for receiving the Airdrop from Dymension:

  • Celestia: Users participating in staking with 1-5,000 TIA.

  • Ethereum Layer-2: Active users on Arbitrum, Optimism, Base, and Blast chains, including asset transfers through bridges and other activities on rollups.

  • Cosmos:

    • ATOM: Staking with 1-5,000 ATOM on Cosmos Hub.

    • stATOM: Holding 1-5,000 Stride.

    • Osmosis: Staking with 10-10,000 OSMO.

  • Solana: Active users on Wormhole, Tensor, and Drip protocols.

  • NFT holders: Holding Pudgy Penguins, Bad Kids, Mad Lads NFTs before December 19, 2023, or being a Tensorians staker before December 18, 2023.

Related: What is The Cosmos ATOM? Everything You Need to Know

To check whether you are included in the airdrop list, users can visit https://genesis.dymension.xyz/ for more details.

dymension dym announces an airdrop for its users 65b973dbbd5c8

Similar to Celestia, Dymension is a Modular Blockchain designed to eliminate existing barriers found in traditional Monolithic Blockchains. This Layer-1 is constructed based on the infrastructure of the Cosmos SDK toolkit.

Dymension serves as the foundation for developing RollApp by providing the underlying layer (Consensus, Settlement) that can connect with Celestia’s DA layer, Avail. The clear separation of layers, coupled with customization and scalability, is the standout feature of a Modular Blockchain.

The project is currently in the testnet phase and is poised to launch its mainnet in the near future.

(100 votes)

5.0/5

(100 votes)

Latest

Crypto Market Faces Volatility Ahead Of Trump Tariff Pause Expiration

News | Editor Choice | Policy & Regulations

Crypto Market Faces Volatility Ahead of Trump Tariff Pause Expiration

The crypto market is entering a sensitive phase as the Trump tariff pause nears its end and nearly $15 billion in Bitcoin options are set to expire, putting significant pressure on investor sentiment.

Pi Coin Faces Selling Pressure Ahead Of Pi2day

News | Editor Choice | Pi Network

Pi Coin Faces Selling Pressure Ahead of Pi2Day

Ahead of the Pi2Day event on June 28, Pi Coin is under strong selling pressure while Pi Network announces a series of new updates, including the KYC Sync feature and upgrades to the Pi Browser aimed at improving user experience and accelerating the transition to Mainnet.

Bitcoin Could Drop To $100,000 Soon

Bitcoin | Editor Choice

Bitcoin Could Drop to $100,000 Soon

Although Bitcoin has surged following the stabilization of the Middle East situation, it could still fall below the 100,000 USD mark in the near future.

Coinbase Stock Hits New High As Analysts Split On Future Rally

News | Altcoin | Editor Choice | Policy & Regulations

Coinbase Stock Hits New High as Analysts Split on Future Rally

Coinbase (COIN), the crypto exchange giant, has just set a new all-time closing high, despite growing concerns that the stock may be due for a short-term correction.

Ai Crypto App Users Double This Year

Editor Choice | Altcoin

AI Crypto App Users Double This Year

According to a report from DappRadar, there are approximately 4.5 million wallets using AI applications on the blockchain, marking an 86% increase this year.