Dymension ($DYM) includes a community of swiftly deployable and high-speed modular blockchains referred to as RollApps. The initiatives have simply completed their airdrop, and people who had simply staked 1 Celestia ($TIA) tokens had been in a position to get hundreds of Dymension ($DYM) tokens! Nonetheless, even when you didn’t handle to get the Dymension ($DYM) token airdrop, it’s nonetheless value getting some tokens so you possibly can stake it. That is to place your self for extra airdrops sooner or later identical to Celestia! Right here is our Dymension ($DYM) token staking information for MORE airdrops!
Take a look at our Dymension ($DYM) Token Staking Information!
And take a look at our different video on different airdrop rewards supplied to Dymension ($DYM) stakers HERE.
What’s Dymension ($DYM)?
Dymension is a groundbreaking blockchain community characterised by its modular blockchains referred to as RollApps. These RollApps function the front-end, providing customers a platform for various functions comparable to video games, decentralized finance (DeFi), and NFTs. Central to its operation is the Dymension Hub, akin to a back-end server, which orchestrates community actions, manages requests from RollApps, and ensures cohesive performance inside the ecosystem. In its structure, Dymension incorporates Knowledge Availability Networks by way of Celestia, paralleling the position of databases in conventional internet setups. These networks present momentary knowledge storage, enhancing effectivity and adaptableness. Complementing this construction is the Dymension RollApp Growth Package (RDK), primarily based on the Cosmos SDK. This equipment facilitates the creation of RollApps, providing important instruments and pre-built modules for builders to effectively construct and deploy their functions, every with distinct consumer and server parts. Dymension distinguishes itself by its modern consensus mechanism and interoperability options. RollApps delegate the consensus course of to the Dymension Hub, which maintains community integrity and manages state root updates. This delegation permits speedy transaction processing and excessive transaction throughput. Moreover, the community’s design promotes clean interoperability inside the Cosmos ecosystem by the Inter-Blockchain Communication (IBC) protocol, fostering a related and collaborative ecosystem.
The right way to stake Dymension ($DYM) tokens for extra airdrops
Time wanted: quarter-hour.
Right here’s our information on learn how to stake Dymension ($DYM) tokens for extra airdrops.
- Get Dymension ($DYM) tokens
Declare your Dymension ($DYM) tokens. For those who missed the airdrop, you possibly can nonetheless purchase Dymension ($DYM) tokens on exchanges comparable to Bybit.
Join a Bybit account right here!
- Hook up with Dymension portal
Join your pockets (both MetaMask, Leap, Belief or Keplr wallets) to the Dymension portal at https://portal.dymension.xyz/dymension/staking. Additionally comply with the steps so as to add the Dymension community to your pockets.
- Select a validator to delegate your Dymension ($DYM) tokens
Select a validator to delegate your Dymension tokens to. Keep away from selecting validators related to centralised exchanges, these can have the trade in its identify. We recommend delegating your Dymension ($DYM) tokens to the ValiDAO validator as a result of they introduced a ValiDAO ($VDO) token airdrop to all handle who delegate their $DYM with their validator!
We additionally counsel delegating your Dymension ($DYM) tokens to the Enigma and Frens validators. Basically, it’s a good suggestion to delegate your Dymension ($DYM) tokens to validators with their very own DAO as a result of they’re more likely to make their very own DAO token and airdrop it to you as a reward.
- Delegate your Dymension ($DYM) tokens
Upon getting chosen your validator, click on “Stake”, choose the quantity of $DYM you want to stake and click on “Stake”. Be aware that staking will lock up your tokens for 21 days. To entry your staked tokens once more, you’ll need to undergo the un-staking course of.
- Maintain observe of your validators
Maintain observe of any bulletins from the validators you could have delegated your $DYM with. Observe their Twitter, Discord and Telegram pages for any bulletins concerning further airdrops.
- Verify when you qualify for NIM Community airdrops
NIM Community have introduced that each one $DYM token stakers will likely be eligible to say The Nim Genesis Drop, and might declare as much as 50 million $NIM (i.e. 5% of the overall provide). You possibly can verify when you certified for the $NIM airdrop by going to https://declare.nim.community/ and coming into your Dymension pockets handle. For those who do qualify, the $NIM tokens will robotically be airdropped to your Dymension pockets at TGE.
- Keep updated on the potential Aigisos ($AIG) airdrop
Aigisos ($AIG) is a RollApp specializing in safety, and have been chosen by Microsoft for Startups. The staff have confirmed that 12% of the $AIG provide will likely be airdropped to $DYM token stakers as Genesis RollDrop. The $AIG tokens will likely be distributed throughout the mining of the Aigisos genesis block, which is anticipated to be in H1 of 2024. No additional particulars have been launched but. So, comply with Aigisos on Twitter to ensure you have the most recent airdrop information.
- Full Rivals Community ($RIZ) Galxe duties
Rivals Community ($RIZ) is an AI-driven Knowledge Provenance DePIN RollApp constructed on Dymension and powered by Celestia. The staff have already confirmed they’ll have a $RIZ token and are more likely to do a token airdrop. It is because Rivals Community ($RIZ) has a Galxe web page the place you possibly can full varied social duties to mint an OAT.
- Verify eligibility for Dogmond ($DGM) airdrop
Dogmond ($DGM) is a memecoin just like ChihuahuaChain ($HUAHUA). Nonetheless, as an alternative of being constructed on a blockchain, Dogmond will likely be constructed on a RollApp powered by Dymension. Dogmond have confirmed that 40% of their token provide will likely be allotted to $DYM stakers as a reward for his or her contribution in direction of community safety and engagement. You possibly can verify your eligibility by pasting your pockets handle HERE.
Often requested questions (FAQs)
We recommend the ValiDAO validator as a result of they introduced a ValiDAO ($VDO) token airdrop to all handle who delegate their $DYM with their validator.
The most effective Dymension validators are these with their very own DAO. It is because they’re more likely to make their very own DAO token and airdrop it to you as a reward. We recommend you comply with their social media channels carefully to get the most recent information on any airdrop bulletins.
The quantity of Dymension ($DYM) tokens to stake for airdrops depends upon the validator. Every validator can have their very own airdrop eligibility standards.