Get Ready for the Dymension Token Airdrop
If you’re a crypto enthusiast, get excited because the Dymension network is launching a token drop for over a million users. Dymension is a layer-1 blockchain built on Cosmos and the inter-blockchain communication protocol (IBC) that allows connections across different rollup scaling networks.
The network offers RollApp creators the ability to choose their virtual machine and token, as well as publish data to external chains like Celestia or Avail. Dymension CEO Yishay Harel stated that the L1 network uses Ethereum Virtual Machine (EVM) addresses.
The Genesis Rolldrop
Dymension recently announced its “genesis rolldrop,” which will distribute DYM tokens to eligible users until January 21. Unfortunately, residents of the United States cannot participate in this airdrop. However, users from various other crypto projects can join in, with 70 million DYM tokens (7% of the supply) up for grabs.
Starting today, over one million addresses have the opportunity to participate in Dymension’s Genesis Rolldrop!
Eligible participants can claim up to 70M DYM (7% of total supply), the native asset of Dymension, until 21 January 2024, 12:00 UTC
— Dymension (@dymension) January 2, 2024
Eligible users include those who staked the TIA token in Celestia, along with users of Ethereum layer-2 networks like Arbitrum, Optimism, Base, and Blast. Cosmos Hub and Stride users who meet certain criteria can also claim DYM tokens, as well as users of the Osmosis decentralized exchange (DEX).
Furthermore, more than 500,000 Solana users are eligible for the airdrop. This includes addresses that have utilized protocols like cross-chain bridge Wormhole, NFT marketplace Tensor, and NFT distribution platform Drip.Haus.
Owners of Pudgy Penguins, Mad Lads, Tensorians, and Bad Kids NFTs can also claim DYM tokens. Pudgy Penguins is minted on Ethereum, Mad Lads and Tensorians are on Solana, and Bad Kids is on the Cosmos-based Stargaze chain.
Following the initial airdrop, Dymension plans to allocate an additional 2.5 million DYM tokens to users who bridge funds from other networks. Eligible tokens include USDC, TIA, USDT, ATOM, ETH, and SOL.
Join the Airdrop Season
Dymension is just one of many networks and projects conducting token airdrops lately. Other notable airdrops include those from Jito and Pyth Network, with upcoming drops from Jupiter, Starknet, Portal, Frame, and Blast.
Cosmos Hub and Stride users who meet certain eligibility can also claim DYM tokens, along with users of the Osmosis decentralized exchange (DEX).
More than 500,000 Solana users are also eligible, according to the post, including addresses that have used protocols like cross-chain bridge Wormhole, leading NFT marketplace Tensor, and NFT distribution platform Drip.Haus.
Additionally, owners of Pudgy Penguins, Mad Lads, Tensorians, and Bad Kids NFTs can also claim an allotment of DYM tokens. Pudgy Penguins is minted on Ethereum, Mad Lads and Tensorians are on Solana, and Bad Kids is on the Cosmos-based Stargaze chain.
Lastly, following the genesis airdrop, Dymension has proposed allocating a further 2.5 million DYM to users who bridge funds to the chain from other networks. Eligible tokens include USDC, TIA, USDT, ATOM, ETH, and SOL.
Dymension joins a growing list of networks and projects that are dropping their tokens lately, including recent high-profile airdrops from Jito and Pyth Network and upcoming drops from the likes of Jupiter, Starknet, Portal, Frame, and Blast.
Hot Take: Don’t Miss Out on the Dymension Token Airdrop
Get ready for an exciting opportunity in the crypto world. Dymension is conducting a token airdrop, offering millions of DYM tokens to eligible users across various chains and projects. Whether you’re a user of Ethereum, Solana, or Cosmos-based networks, there’s a chance for you to claim your share of DYM tokens. Don’t miss out on this chance to expand your crypto portfolio and be part of the airdrop season. Stay tuned for more updates and get ready to participate in the Dymension token drop.
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