menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Dymension ...
source image

Cryptopotato

1w

read

55

img
dot

Image Credit: Cryptopotato

Dymension Is Preparing For Its Season 2 Airdrop & Beyond Upgrade

  • Dymension is a delegated Proof-of-Stake (PoS) L1 chain that secures modular blockchains within its system, known as RollApps.
  • The project launched its native token DYM with a total supply of 1 billion tokens, a market cap just above $70M, and a circulating supply of just under 320 million.
  • The first airdrop on Genesis day distributed over $400 million in tokens to early adopters, and the upcoming Beyond upgrade aims to introduce significant improvements to the protocol.
  • The Beyond upgrade will focus on the possibility of building rollups on top of existing L1 chains, reducing the network's block time to 1 second, and accelerating Dymension's growth as a Universal Settlement Layer.

Read Full Article

like

3 Likes

For uninterrupted reading, download the app