{"id":231276,"date":"2024-01-18T01:36:40","date_gmt":"2024-01-17T20:06:40","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=231276"},"modified":"2024-01-18T01:36:40","modified_gmt":"2024-01-17T20:06:40","slug":"dymension-airdrop-claim-to-end-in-four-days-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dymension-airdrop-claim-to-end-in-four-days-crypto-news\/","title":{"rendered":"Dymension Airdrop Claim To End In Four Days &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Eligible users of Ethereum Layer 2s, Solana and Cosmos have until Jan. 21 to claim their DYM allocations.<\/p>\n<div>\n<p>Airdrops have been a hot topic for market participants over the last year, and after the recent success of Celestia, DeFi users are eagerly awaiting the next Cosmos ecosystem airdrop, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/@dymension\/presenting-dymension-c2679116d074\">Dymension<\/a>. <\/p>\n<p>Dymension has announced its upcoming token launch, which is currently in a \u201cclaim period\u201d for eligible users. Eligibility for the airdrop is based on a variety of criteria centered around Ethereum Layer 2 usage, Solana DeFi, and Cosmos token staking. <\/p>\n<p>Users can check their eligibility by visiting the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/genesis.dymension.xyz\/\">website<\/a> and claim their airdrop allocations with no wallet connection necessary up until Jan. 21.<\/p>\n<figure><figcaption class=\"text-center text-xs\">Dymension Airdrop Claim<\/figcaption><\/figure>\n<h2>What is Dymension?<\/h2>\n<p>Dymension aims to be the operational hub for RollApp development in the Cosmos ecosystem by standardizing rollups with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tutorials.cosmos.network\/academy\/3-ibc\/1-what-is-ibc.html\">Inter-Blockchain Communication Protocol<\/a>.<\/p>\n<p>Application development through rollups and modular chains has grown increasingly popular due to their customizability on a per-app basis. However, when each of these apps is launched as a custom L2, the user experience for multi-application users becomes more fragmented and less secure as each rollup is responsible for its own backend.<\/p>\n<p>RollApps are modular blockchains that operate specifically with the Dymension Hub, which offer the effective business model of rollups but allow for a more efficient and scalable user experience. Through Dymension, all these RollApps can access the security, liquidity, and connectivity benefits of the larger Dymension Hub, which makes multi-app usage more convenient.<\/p>\n<h2>DYM Airdrop<\/h2>\n<p>At an undisclosed date after the manual claiming period concludes on January 21st, 7% of the total $DYM supply will be airdropped to users who claimed their allocations.<\/p>\n<p>Similar to Celestia\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/modular-blockchain-celestia-mainnet-beta-goes-live\">TIA airdrop<\/a>, any unclaimed DYM supply will be redistributed amongst the eligible wallets at the time of the airdrop, so any claimable amount of tokens during this window represents the minimum allocation per wallet.<\/p>\n<p><!--$--><\/p>\n<div class=\"relative flex items-center gap-2 rounded-md bg-[#191919] p-2 my-4 lg:hidden\">\n<div class=\"relative group  flex w-max items-center gap-2  p-2 text-sm text-white mx-auto\"><strong class=\"whitespace-nowrap w-min sm:w-auto bg-gradient-to-r from-[#9FF9D2] to-[#DB9FF9] bg-clip-text text-transparent\">DeFi Alpha<\/strong><span class=\"whitespace-nowrap  w-min sm:w-auto border-l border-white pl-1 lg:hidden\">Premium Content<\/span><\/p>\n<div class=\"tooltip font-heading shadow-cta absolute hidden lg:visible left-6 z-10 -top-[80px] w-max max-w-xs translate-y-full flex-col rounded-lg bg-[#EEEEF4] p-3 text-left text-xs text-black group-hover:flex lg:left-auto lg:right-4\">Looking for Alpha? Become a premium member of The Defiant and join our DeFi Alpha community.<\/p>\n<ul class=\"list-inside list-disc\">\n<li>DeFi Daily | Weekdays<\/li>\n<li>DeFi Alpha Letter | Weekly<\/li>\n<li>Defiant Podcast Transcript | Weekly<\/li>\n<li>Inbox Dump | Saturday<\/li>\n<li>Weekly Recap | Sunday<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/thedefiant.io\/go-premium#pricing\" class=\"disabled:bg-cta-disabled-background disabled:text-cta-disabled-text rounded font-semibold border-cta-primary-border bg-cta-primary-background text-cta-primary-text hover:border-cta-primary-border-hover hover:bg-cta-primary-background-hover ml-auto block p-2 text-center text-sm !text-black !no-underline shadow-newButton\">Start for free<\/a><\/div>\n<p><!--\/$--><\/p>\n<p>While purely speculative, the Perpetual Futures market on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/app.aevo.xyz\/perpetual\/dym\">Aevo<\/a> currently has the DYM token trading at $4.5 at the time of writing, which correlates to a fully diluted valuation of over $4B.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eligible users of Ethereum Layer 2s, Solana and Cosmos have until Jan. 21 to claim their DYM allocations. Airdrops have been a hot topic for market participants over the last year, and after the recent success of Celestia, DeFi users are eagerly awaiting the next Cosmos ecosystem airdrop, Dymension. Dymension has announced its upcoming token [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":231277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-231276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/231276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=231276"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/231276\/revisions"}],"predecessor-version":[{"id":231278,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/231276\/revisions\/231278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/231277"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=231276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=231276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=231276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}