Airdrops
How to Claim the Dymension Genesis Rolldrop Airdrop with Trust Wallet
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In Brief
Here’s a breakdown of everything you need to know about Dymension and its Genesis Rolldrop airdrop, how to check your eligibility, as well as how to claim it with Trust Wallet.
Discover what Dymension is and the significance of the Dymension Genesis Rolldrop Airdrop, a unique invitation for users to explore blockchain's potential. Learn how to check eligibility using Trust Wallet and navigate through the claiming process.
What is Dymension?
Dymension is a layer-1 blockchain, leveraging Cosmos and the Inter-Blockchain Communication protocol (IBC) to establish seamless connections across diverse rollup scaling networks. This innovative approach sets the stage for improved interoperability within the blockchain ecosystem.
With the launch of Dymension's mainnet, a significant milestone is on the horizon. This release marks the introduction of DYM, the native asset intrinsic to the Dymension protocol. DYM holds a pivotal position within the ecosystem, serving as a linchpin for security measures, a catalyst for sustainable growth, and a foundation for supporting both Dymension itself and the RollApps constructed atop its framework.
As Dymension continues to advance, the inclusion of DYM in its ecosystem signifies not just a digital currency but a dynamic force propelling the network's resilience and evolution. The native asset's multifaceted role underscores its importance in fortifying the overall integrity and prosperity of the Dymension blockchain and the innovative applications thriving within its domain.
What Is the Dymension Airdrop and Why Is It Important?
A cryptocurrency airdrop is where crypto projects send tokens or coins to eligible crypto wallet addresses.
Typically, the crypto project will select eligible wallets of their blockchain’s active community members and send them a specific amount of the new digital currency, usually for free, or in exchange for carrying out a task like retweeting a tweet shared by the company issuing the new cryptocurrency. The main objective of an airdrop is to create awareness of the new token, to boost circulation, and to decentralize the token holders.
Dymension is planning an airdrop for its new DYM token to eligible users until January 21.
But what is the Dymension airdrop, and why is it important?
Dymension stands out in the world of blockchain technology by adopting the Inter-Blockchain Communication protocol, a move that streamlines rollups and boosts the efficiency of blockchain interactions. The airdrop isn't just about giving rewards to current users; it's an invitation for new users to dive into a space where RollApp creators can choose virtual machines, tokens, and share data on external chains.
How to check if you’re eligible for the Dymension Airdrop using Trust Wallet
Dymension users can check if they are eligible for the Dymension airdrop by visiting the official website, and connecting their crypto wallet, such as Trust Wallet, to receive their DYM tokens.
Trust Wallet is an easy-to-use, non-custodial crypto wallet that enables users to securely buy, store, sell, and swap over 10M+ crypto assets across 100 blockchains, all under one app. With more than 25M+ users, Trust Wallet is the most secure crypto wallet you can find in today’s market.
So, how can you check if you are eligible for the Dymension airdrop? Let’s dive in!
Here’s how to check if you’re eligible for Dymension airdrop using the Trust Wallet mobile app
Step 1: Be sure you have Trust Wallet installed. Get the latest version here:
Step 2:
Open your Trust Wallet app, tap on ‘Your Addresses’ icon in the top right corner (Screen 1), and then select the crypto you might be eligible for (Screen 2). The wallet address will be copied automatically.
Step 3 :
Go to the official website on your mobile device and follow the instructions.
Step 4: Select the chain and enter your wallet address.
The system will automatically verify if you’re among the eligible participants.
Step 5 :
If you’re eligible, follow the instructions to claim your DYM tokens.
And that’s it!
Eligibility Requirements
Celestia :
TIA delegators as of December 19, 2023, possessing a minimum of 1 token and a maximum of 5,000 tokens staked.
Ethereum L2s :
Active addresses on Arbitrum, Optimism, Base, and Blast, assessed based on various metrics, including amounts bridged and activity on the rollup.
Cosmos :
ATOM: Delegators on Cosmos Hub as of December 19, 2023, with a minimum of 1 token and a cap of 5,000 tokens staked.
stATOM: Holders on Stride as of December 19, 2023, with a minimum of 1 token and a cap of 5,000 tokens held.
Osmosis: Delegators on Osmosis as of December 19, 2023, with a minimum of 10 tokens and a cap of 10,000 tokens staked.
Solana :
Active addresses as of December 19, 2023, compiled from various protocols, including Wormhole, Tensor, and Drip.
NFTs :
Holders of Pudgy Penguins, Bad Kids, and Mad Lads as of December 19, 2023.
Tensorians stakers as of December 18, 2023.
Claiming Period
Eligible users can claim the Dymension Airdrop until January 21, 2024.
Useful Links
Remember, always DYOR
As Dymension airdrop its token, it’s important that you tread with caution while claiming your DYM tokens to avoid falling prey to DYM airdrop scams. It’s not uncommon for scammers to use airdrops to phish users through spoof websites as well as other schemes. Unfortunately, that is also the case for the Dymension airdrop.
While the DYM token airdrop is only a matter of hours away, it’s still important that you do your own research (DYOR) on this and other kinds of airdrops. DYOR will not only help to protect you from scammers but it can also help you to make better financial decisions.
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