Dymension’s anticipated airdrop took place on Tuesday as the network’s mainnet went live, serving up over $390 million worth of DYM tokens for early users and select communities as the token surged in value following the launch.

DYM is currently up 58% on the day to a current price of $5.60, according to data from CoinGecko, with some $246 million worth of trading volume already on exchanges including Binance, ByBit, and KuCoin. The airdrop spans 700 million DYM tokens, representing 7% of the total supply.

Dymension is a network built to let developers deploy app chains that it calls RollApps, and it’s a layer-1 blockchain built using Cosmos tech and the inter-blockchain communication protocol (IBC) to connect with various other chains. Builders can choose from various virtual machines and tokens on their RollApps.

The “genesis rolldrop,” as Dymension called it, was available to more than a million unique wallets across various chains and communities, including users on the networks Go to Source to See Full Article
Author: Andrew Hayward

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