Dymension (DYM) Announces an Airdrop for Its Users

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.

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

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.