Dymension ($DYM) includes a community of swiftly deployable and high-speed modular blockchains generally known as RollApps. The initiatives have simply completed their airdrop, and those that had simply staked 1 Celestia ($TIA) tokens have been in a position to get 1000’s of Dymension ($DYM) tokens! Nonetheless, even for those who didn’t handle to get the Dymension ($DYM) token airdrop, it’s nonetheless price getting some tokens so you’ll be able to stake it. That is to place your self for extra airdrops sooner or later similar 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 provided to Dymension ($DYM) stakers HERE.
What’s Dymension ($DYM)?
Dymension is a groundbreaking blockchain community characterised by its modular blockchains generally known as RollApps. These RollApps function the front-end, providing customers a platform for numerous purposes similar 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 throughout the ecosystem. In its structure, Dymension incorporates Knowledge Availability Networks through Celestia, paralleling the position of databases in conventional net setups. These networks present short-term knowledge storage, enhancing effectivity and flexibility. Complementing this construction is the Dymension RollApp Growth Package (RDK), based mostly on the Cosmos SDK. This package facilitates the creation of RollApps, providing important instruments and pre-built modules for builders to effectively construct and deploy their purposes, every with distinct shopper and server parts. Dymension distinguishes itself by its revolutionary 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 allows fast transaction processing and excessive transaction throughput. Moreover, the community’s design promotes easy interoperability throughout the Cosmos ecosystem by the Inter-Blockchain Communication (IBC) protocol, fostering a related and collaborative ecosystem.
Methods to stake Dymension ($DYM) tokens for extra airdrops
Time wanted: quarter-hour.
Right here’s our information on the way to stake Dymension ($DYM) tokens for extra airdrops.
- Get Dymension ($DYM) tokens
Declare your Dymension ($DYM) tokens. In the event you missed the airdrop, you’ll be able to nonetheless purchase Dymension ($DYM) tokens on exchanges similar to Bybit.
Join a Bybit account right here!
- Connect with Dymension portal
Join your pockets (both MetaMask, Leap, Belief or Keplr wallets) to the Dymension portal at https://portal.dymension.xyz/dymension/staking. Additionally comply with the steps so as to add the Dymension community to your pockets.
- Select a validator to delegate your Dymension ($DYM) tokens
Select a validator to delegate your Dymension tokens to. Keep away from choosing validators related to centralised exchanges, these could have the trade in its identify. We advise 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”. Notice that staking will lock up your tokens for 21 days. To entry your staked tokens once more, you will have to undergo the un-staking course of.
- Hold observe of your validators
Hold observe of any bulletins from the validators you’ve got delegated your $DYM with. Observe their Twitter, Discord and Telegram pages for any bulletins relating to extra airdrops.
- Test for those who qualify for NIM Community airdrops
NIM Community have introduced that every one $DYM token stakers will probably be eligible to assert The Nim Genesis Drop, and may declare as much as 50 million $NIM (i.e. 5% of the overall provide). You may examine for those who certified for the $NIM airdrop by going to https://declare.nim.community/ and getting into your Dymension pockets handle. In the event you do qualify, the $NIM tokens will mechanically be airdropped to your Dymension pockets at TGE.
- Keep updated on the potential Aigisos ($AIG) airdrop
Aigisos ($AIG) is a RollApp specializing in safety, and have been chosen by Microsoft for Startups. The workforce have confirmed that 12% of the $AIG provide will probably be airdropped to $DYM token stakers as Genesis RollDrop. The $AIG tokens will probably be distributed in the course of the mining of the Aigisos genesis block, which is predicted to be in H1 of 2024. No additional particulars have been launched but. So, comply with Aigisos on Twitter to be sure you have the most recent airdrop information.
- Full Rivals Community ($RIZ) Galxe duties
Rivals Community ($RIZ) is an AI-driven Knowledge Provenance DePIN RollApp constructed on Dymension and powered by Celestia. The workforce have already confirmed they are going to have a $RIZ token and are more likely to do a token airdrop. It’s because Rivals Community ($RIZ) has a Galxe web page the place you’ll be able to full varied social duties to mint an OAT.
- Test eligibility for Dogmond ($DGM) airdrop
Dogmond ($DGM) is a memecoin just like ChihuahuaChain ($HUAHUA). Nonetheless, as a substitute of being constructed on a blockchain, Dogmond will probably be constructed on a RollApp powered by Dymension. Dogmond have confirmed that 40% of their token provide will probably be allotted to $DYM stakers as a reward for his or her contribution in the direction of community safety and engagement. You may examine your eligibility by pasting your pockets handle HERE.
Incessantly requested questions (FAQs)
We advise the ValiDAO validator as a result of they introduced a ValiDAO ($VDO) token airdrop to all handle who delegate their $DYM with their validator.
The most effective Dymension validators are these with their very own DAO. It’s because they’re more likely to make their very own DAO token and airdrop it to you as a reward. We advise you comply with their social media channels intently to get the most recent information on any airdrop bulletins.
The quantity of Dymension ($DYM) tokens to stake for airdrops is determined by the validator. Every validator could have their very own airdrop eligibility standards.
