Summary
Dymension, the next Cosmos ecosystem airdrop, is currently in a “claim period” for eligible users. Eligibility is based on Ethereum Layer 2 usage, Solana DeFi, and Cosmos token staking. Users have until Jan. 21 to claim their airdrop allocations. Dymension aims to be the operational hub for RollApp development in the Cosmos ecosystem by standardizing rollups with the Inter-Blockchain Communication Protocol. After the claiming period, 7% of the total DYM supply will be airdropped to users who claimed their allocations. The DYM token is currently trading at $4.5, correlating to a fully diluted valuation of over $4B.
Key Points
1. Eligible users of Ethereum Layer 2s, Solana, and Cosmos have until Jan. 21 to claim their DYM allocations through the Dymension token launch. The eligibility for the airdrop is based on criteria related to Ethereum Layer 2 usage, Solana DeFi, and Cosmos token staking.
2. Dymension aims to be the operational hub for RollApp development in the Cosmos ecosystem by standardizing rollups with the Inter-Blockchain Communication Protocol. This allows for a more efficient and scalable user experience for multi-application users, as all RollApps can access the security, liquidity, and connectivity benefits of the larger Dymension Hub.
3. After the manual claiming period concludes on Jan. 21, 7% of the total $DYM supply will be airdropped to users who claimed their allocations. Any unclaimed DYM supply will be redistributed among eligible wallets at the time of the airdrop. The Perpetual Futures market on Aevo currently has the DYM token trading at $4.5, indicating a fully diluted valuation of over $4B.