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.

5.0/5

(100 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest

Azcoiner Exclusive Event On Bingx

Airdrops | Altcoin | Editor Choice

AZcoiner Exclusive Event on BingX

Join the exclusive event hosted by AZCoiner in collaboration with the BingX exchange to receive attractive rewards of up to $2000. Participate now to avoid missing out!

Azcnews Breaking

Editor Choice | Research

What is Pump and Dump? What Should You Do When This Phenomenon Occurs?

The phenomenon of Pump & Dump is quite prevalent in the cryptocurrency market. So, what is Pump? What is Dump? And what should you do when this phenomenon occurs? Let's find out through the article below!

Azcnews1 Breaking

Editor Choice | Research

What is Runes Protocol? The Protocol Generating Heat Ahead of the Halving

After Halving, the narrative will only revolve around Bitcoin and Runes is a story just like that. So, what is Runes protocol? Let's find out right away!

Azcnews Breaking

Editor Choice | Research

What is Staking Crypto? Tips to Maximize Profit When Holding Coins

When you hold any coin without knowing how to optimize its profitability, coins with staking mechanisms help you generate additional profits while you hold them. So, what is Staking? What are the benefits of staking? Let's find out!

Azcnews

News | Bitcoin | Editor Choice

Bitcoin Rises to $65,000 Just Hours Before Halving

Bitcoin surged to $65,000, experiencing a nearly 8% fluctuation in just a few hours, amidst signs of easing tensions in Iran.