Dymension ($DYM) includes a community of swiftly deployable and high-speed modular blockchains referred to as RollApps. The tasks have simply completed their airdrop, and people who had simply staked 1 Celestia ($TIA) tokens had been in a position to get hundreds of Dymension ($DYM) tokens! Nevertheless, even when you didn’t handle to get the Dymension ($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 ($DYM) token staking information for MORE airdrops!
Try our Dymension ($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 referred to as RollApps. These RollApps function the front-end, providing customers a platform for numerous functions corresponding 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 Information Availability Networks through Celestia, paralleling the position of databases in conventional internet setups. These networks present short-term information storage, enhancing effectivity and adaptableness. Complementing this construction is the Dymension RollApp Improvement 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 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 permits speedy transaction processing and excessive transaction throughput. Moreover, the community’s design promotes clean interoperability throughout the Cosmos ecosystem by the Inter-Blockchain Communication (IBC) protocol, fostering a linked and collaborative ecosystem.
Find out how to stake Dymension ($DYM) tokens for extra airdrops
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Right here’s our information on find out how to stake Dymension ($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 ($DYM) tokens on exchanges corresponding to Bybit.
Join a Bybit account right here!
- Hook up with Dymension portal
Join your pockets (both MetaMask, Leap, Belief or Keplr wallets) to the Dymension portal at https://portal.dymension.xyz/dymension/staking. Additionally observe the steps so as to add the Dymension community to your pockets.
- Select a validator to delegate your Dymension ($DYM) tokens
Select a validator to delegate your Dymension tokens to. Keep away from choosing validators related to centralised exchanges, these may have the alternate in its title. We propose delegating your Dymension ($DYM) tokens to the ValiDAO validator as a result of they introduced a ValiDAO ($VDO) token airdrop to all tackle who delegate their $DYM with their validator!
We additionally recommend delegating your Dymension ($DYM) tokens to the Enigma and Frens validators. Primarily, it’s a good suggestion to delegate your Dymension ($DYM) tokens to validators with their very own DAO as a result of they’re prone to make their very own DAO token and airdrop it to you as a reward.
- Delegate your Dymension ($DYM) tokens
After you have chosen your validator, click on “Stake”, choose the quantity of $DYM you want to stake and click on “Stake”. Observe 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 monitor of your validators
Maintain monitor of any bulletins from the validators you could have delegated your $DYM with. Comply with their Twitter, Discord and Telegram pages for any bulletins concerning extra airdrops.
- Test when you qualify for NIM Community airdrops
NIM Community have introduced that every one $DYM token stakers shall be eligible to assert The Nim Genesis Drop, and might declare as much as 50 million $NIM (i.e. 5% of the entire provide). You may test when you certified for the $NIM airdrop by going to https://declare.nim.community/ and getting into your Dymension pockets tackle. For those who 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 crew have confirmed that 12% of the $AIG provide shall be airdropped to $DYM token stakers as Genesis RollDrop. The $AIG tokens shall be distributed throughout the mining of the Aigisos genesis block, which is anticipated to be in H1 of 2024. No additional particulars have been launched but. So, observe Aigisos on Twitter to be sure you have the newest airdrop information.
- Full Rivals Community ($RIZ) Galxe duties
Rivals Community ($RIZ) is an AI-driven Information Provenance DePIN RollApp constructed on Dymension and powered by Celestia. The crew have already confirmed they may have a $RIZ token and are prone to do a token airdrop. It’s because Rivals Community ($RIZ) has a Galxe web page the place you possibly can full numerous social duties to mint an OAT.
- Test eligibility for Dogmond ($DGM) airdrop
Dogmond ($DGM) is a memecoin just like ChihuahuaChain ($HUAHUA). Nevertheless, as a substitute of being constructed on a blockchain, Dogmond shall be constructed on a RollApp powered by Dymension. Dogmond have confirmed that 40% of their token provide shall be allotted to $DYM stakers as a reward for his or her contribution in the direction of community safety and engagement. You may test your eligibility by pasting your pockets tackle HERE.
Often requested questions (FAQs)
We propose the ValiDAO validator as a result of they introduced a ValiDAO ($VDO) token airdrop to all tackle who delegate their $DYM with their validator.
One of the best Dymension validators are these with their very own DAO. It’s because they’re prone to make their very own DAO token and airdrop it to you as a reward. We propose you observe their social media channels intently to get the newest information on any airdrop bulletins.
The quantity of Dymension ($DYM) tokens to stake for airdrops will depend on the validator. Every validator may have their very own airdrop eligibility standards.