Dymension Airdrop

Powering the Internet of RollApps​

Dymension is a decentralized Delegated Proof-of-Stake L1 blockchain secured by the DYM token. It is custom built to provide RollApps with security, interoperability, and liquidity.

• Security - RollApp funds are secured by the validators of Dymension.
• Interoperability - RollApps interconnect with each other and the entire crypto economy via a single IBC connection to Dymension.
• Liquidity - The only application logic in the Dymension Hub which is not strictly restricted for handling RollApp validity and bridging is an embedded Automated Market Maker (AMM). The AMM is designed to expose RollApps to efficient asset routing, price discovery, and most importantly shared liquidity for the entire ecosystem.

Dymension is akin to an internet service provider. It serves as a decentralized router that connects RollApps to the crypto economy. Dymension facilitates the vertical integration of modular blockchains in which network and liquidity bootstrapping is coupled in one user experience reducing the amount of time to deploy a blockchain to as little as a few minutes.

DYM asset details​

PropertyDetailsTokenDYM
DYMInitial Total Supply1,000,000,000 DYM
1,000,000,000 DYMDecimals18
18Conversion1 aDYM=DYM×10−18
1 aDYM=DYM×10−18

DYM Issuance​

The issuance of DYM tokens is a dynamic process based on the proportion of DYM tokens staked relative to the total supply. The Dymension protocol algorithmically operates on a set of predefined parameters.
ParameterValueInitial Issuance8%
8%Max Annual Issuance*10%
10%Min Annual Issuance*1%
1%Target DYM staked**67%
67%Inflation rate of change*100%
100%
* These parameters can be adjusted through onchain governance.
** RollApp bonds do not contribute to this staking calculation.

Algorithmic Issuance​

The Dymension protocol adjusts the DYM issuance rate based on the actual staking ratio relative to the target:

• Below Target Staking: If the percentage of staked DYM is less than the target of 67%, the issuance rate will incrementally increase. This adjustment continues until it reaches the maximum rate of 10% or until the staking target is met.
• At Target Staking: When the staking ratio aligns with the 67% target, the current issuance rate remains unchanged.
• Above Target Staking: If the percentage of staked DYM is greater than the target of 67%, the issuance rate will incrementally decrease. This adjustment continues until it reaches the minimum rate of 1% or until the staking target is met.

Genesis Rolldrop

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Try it on testnet: portal.dymension.xyz
Airdrops Check Link : https://genesis.dymension.xyz/