Airdrop season for Cosmos and Solana communities is heating up. Everyone loves free money, and if there is one thing these eco-systems are famous for its airdrops.
This one has a short claim window, and if you don't register your claim within the window (currently 17 days remaining) you miss out and unclaimed tokens get shared out to those that do claim.
So what is Dymension?
The Internet of RollApps is a network of chains consisting of RollApps (layer 2s) and the Dymension Hub (layer 1). RollApps are easy-to-deploy modular blockchains that natively integrate with the Dymension Hub, which provides them security, liquidity, and connectivity.
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Basically, Dymension will be a layer 1, providing data availability and security to modular chains launched as roll ups. With a strong link to the recently launched Celestia, it can be seen as part of the newly forming Celestia eco-system.
TLDR - Dymension is bringing roll-ups to the Cosmos IBC eco-system.
The Airdrop.
First thing to note is that it is geo-blocked. So to my American friends you may want to get your trusty VPN fired up before you do anything with this one.
7% of total supply will be unlocked with this first drop.
Here is the all important link:
https://genesis.dymension.xyz/
Beware of phishing links on X or elsewhere, scammers are rampaging through crypto at the moment - make sure any links are coming from official accounts.
Check if you qualify for each wallet, then if you do it'll move to the next step to claim.
You need an 0x address to register to claim - any old ETH or EVM addy will work, or if you are a Cosmos native, you can get a DYM 0x address through Keplr.
Eligibility
- Celestia stakers get the biggest allocation - Dec 19 snapshot.
- Arbitrum, Optimism, Base and Blast L2 users
- ATOM and OSMO stakers
- Holders of these NFT's - Pudgy Penguins, Mad Lads, Tensorians, Bad Kids
Full details can be found in this blog post
My strategy.
I was very luck to have landed the Celestia airdrop, just a couple months ago. It had a very short claim window, just one week, and I just happened to see it on X and claimed. Turned out it was a massive success, and really gave my crypto journey a boost. I have sold a fair amount of those tokens, but held some staked.
My qualification for DYM is around 250 tokens - minimum.
I'll probably sell some off in the early days, and hold some to see what happens. I do need to strengthen my airdrop positions for future drops, need more ATOM, OSMO and others. And one thing I am doing with every airdrop this cycle is selling a portion to bring more funds back here to HIVE. I have some big goals for this year on Hive, along with a passive income portfolio to build.
Do you qualify for the DYM airdrop? I'd love to here in the comments if you do, and what your plans are.
Thanks for reading as always,
JK.
Posted Using InLeo Alpha
I am eligible from ATOM and OSMO. Nothing huge but free is free, right? :-) One question, I claimed using my mm address. Do the tokens show up right away? I don't see them in mm. Do I maybe have to add the dymension chain there to see them?
I don't think they will become available till after the claim period ends- and may be not straight away. Will likely have to add the dymension chain in metamask when it happens. I have since seen you can use Leap wallet or Keplr to get a DYM address - but I did the same as you and put my MM address - so I guess we will see when the time comes.
Glad to see others here are eligible. Next one to watch for is SAGA.
Thanks mate .... somehow I'm eligable from the Solana wallet :)
Nice - free money is always welcome.
Great info here, thank you for sharing. Unfortunately, none of my wallets are eligible, lol! Congrats to you!
Missed out on this one. There is lots of drops coming across the Cosmos eco-system - going to be hard to keep up.