DYM Dymension Genesis Airdrop – How To Claim and Eligibility
DYM Dymension Genesis Airdrop – How To Claim and Eligibility
Dymension is set to launch its mainnet, introducing its native asset, DYM. DYM is central to Dymension’s ecosystem, playing a crucial role in ensuring security, promoting growth, and sustaining both Dymension and RollApps developed on it.
Season 1: Genesis Rolldrop:
The first Rolldrop season, titled “Genesis Rolldrop,” is now underway. Eligible addresses can claim their airdrop at https://genesis.dymension.xyz/ until 21 January 2024 at 12:00 UTC. This season marks the beginning of subsequent Rolldrop seasons designed to incentivize both users and builders within the ecosystem.
DYM Distribution and Allocation:
- Total Allocation for Genesis Rolldrop: 70,000,000 DYM, equating to 7% of the total supply.
- Immediate Accessibility: 100% of allocated tokens will be available at the genesis block of Dymension’s mainnet.
Eligibility Criteria for Various Groups:
- Tech Sector:
- Cosmos Ecosystem:
- 17,500,000 DYM allocated, divided between ATOM stakers on Cosmos Hub, stATOM holders on Stride, and OSMO stakers on Osmosis.
- Solana Community:
- 10,000,000 DYM for users of various Solana protocols who held a minimum of 1 SOL as of December 19th.
- Cultural Communities:
- A total of 12,500,000 DYM allocated to holders of select NFT collections, including Pudgy Penguins, Mad Lads, Tensorians, and Bad Kids.
How to claim $DYM Airdrop
- Go to: https://genesis.dymension.xyz
- Select the eligible chains you would like to check
- Paste wallet address
- Connect eligible wallet to verify & Approve the transaction
- Read the TOS and ACCEPT
- Paste $DYM Address – an Etherium address – copy from your ETH wallet like MetaMask
- Approve
Repeat for other eligible wallets and chains
Money: Liquidity Layer and Bridging Incentives:
Post-genesis, Dymension plans to propose an incentive program focusing on its liquidity layer. This program aims to allocate 2,500,000 DYM to users who bridge tokens to Dymension’s network. The program will reward users who lock their bridged tokens, with incentives for various tokens like USDC, TIA, USDT, ATOM, ETH, and TOS.
Future Developments and Community Engagement:
Economics and roadmap documents detailing DYM’s utility and functionality will be released soon. The community will be kept informed about future Rolldrops and incentive programs. Participants can check their eligibility for the genesis addresses at https://genesis.dymension.xyz/.
Conclusion:
The Genesis Rolldrop by Dymension represents a significant step offering a structured, incentivized approach to its community. This initiative reflects Dymension’s commitment to growth, security, and community engagement as it prepares to launch its mainnet.
Good Luck!
