Genesis Rolldrop Dymension's Season 1: Claim Your Airdrop!

(Image Source: Medium.com)

Introduction

Dymension's eagerly awaited mainnet launch is approaching, introducing DYM, the protocol's native asset. In this article, we'll delve into the significance of DYM in bolstering security, fostering growth, and sustaining Dymension and its associated RollApps. The focus is on the inaugural Rolldrop season, Season 1: Genesis Rolldrop, offering unique opportunities for eligible participants.

Genesis Rolldrop: Seizing the Airdrop Advantage

Starting today, eligible addresses can claim their airdrop exclusively through the official site: https://genesis.dymension.xyz/. It's crucial to note that Dymension Labs, the claiming site, or the Dymension Foundation will never request private keys or token transfers, ensuring a secure process.

More:

Exploring Bali's Pawukon Calendar: A Harmonious Balance with Nature

This opportunity remains open until January 21, 2024, at 12:00 UTC. Unclaimed balances after this date will be reallocated, with the displayed claimed amount representing the minimum. 100% of allocated tokens will be immediately accessible at the genesis block of Dymension's mainnet.

(Image Source: Medium.com)

Incentivizing the Ecosystem: Genesis Rolldrop Details

Genesis Rolldrop marks the commencement of a series of Rolldrop seasons designed to motivate both ecosystem users and builders. An impressive allocation of 70,000,000 DYM, equivalent to 7% of the total supply, will be distributed in Season 1.

More:

Aftermath Finance: Pioneering DeFi Solutions, Staking, and LST on Sui Blockchain

Tech Pillar: Acknowledging Key Contributors

Celestia:
Celestia, a pivotal force in the modular ecosystem, rewards users who staked TIA by December 19, 2023, with 20,000,000 DYM (2% of the total supply). Eligibility requires a minimum stake of 1 TIA, with a cap of 5,000 TIA counted towards the allocation.

Ethereum L2s:
Arbitrum and Optimism, instrumental in advancing rollup technology, incentivize their users with 10,000,000 DYM (1% of the total supply). Eligibility is based on user activity on rollups, funds in multi-sig bridge contracts, and previous airdrop lists.

Cosmos:
Acknowledging Cosmos' contributions, 17,500,000 DYM (1.75% of the total supply) is allocated to selected addresses from the Cosmos ecosystem.

(Image Source: Medium.com)

Solana:
Over 500,000 addresses from Solana's diverse protocols, including Wormhole, Tensor, and Drip.Haus, are eligible for a share of 10,000,000 DYM (1% of the total supply).

More:

Exploring the Best Coworking Spaces in Canggu: A Digital Nomad's Oasis

Culture Pillar: Embracing Crypto Communities

Recognizing the foundational role of culture in the crypto space, Dymension allocates 12,500,000 DYM (1.25% of the total supply) to selected NFT collections, inviting vibrant communities to join the Dymension ecosystem.

(Image Source: Medium.com)

Money Pillar: Establishing Liquidity with Incentive Programs

Post-genesis, a dedicated incentive program targets establishing the liquidity layer of Dymension. A proposal suggests allocating 2,500,000 DYM to users bridging tokens to the Dymension network. The web app at https://portal.dymension.xyz/ facilitates a seamless bridging experience.

(Image Source: Medium.com)

More:

Optimistic Rollups vs Zero-Knowledge Rollups: A Comprehensive Comparison

Conclusion: Unlocking Dymension's Potential

As Dymension's Genesis Rolldrop ushers in a new era, participants have the chance to be part of a groundbreaking ecosystem. Whether through tech, culture, or financial incentives, Dymension provides a multifaceted approach to engage and reward its growing community. Keep an eye out for the upcoming liquidity program, and let the Dymension journey begin!