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Bittime - Dymension is a blockchain network that offers innovative solutions to improve scalability, interoperability and transaction efficiency. Dymension uses the RollApp concept, which is an application that runs on a rollup EVM (Ethereum Virtual Machine)which is connected to Ethereum via the IBC (Inter-Blockchain Communication) protocol.
Rollup is a technology that allows transactions to be carried out in the second layer (layer 2) which is faster and cheaper, then collected and confirmed in the first layer (layer 1) which is more secure and decentralized. Dymension also uses the Data Availability network to improve data processing capabilities and provides a RollApp development kit that is easy for developers to use.
What is DYM Token?
DYM token is the utility and governance token of the Dymension ecosystem. DYM tokens can be used to pay transaction fees, borrow and lend assets, and vote on governance proposals.
The DYM token also provides incentives to users who participate in the Dymension ecosystem . According to data from CoinGecko, currently the DYM token has a price of around IDR 103,111 per token with a market capitalization of around IDR 15.016 trillion.
Also read How to Buy Crypto:
How to Get DYM Tokens from Airdrop?
Airdrop is one way to distribute tokens to the community for free. Dymension held an airdrop to give away DYM tokens to its supporters. This airdrop not only aims to share tokens, but also to build a strong community and engage with the Dymension ecosystem.
The following are the steps to take part in the airdrop and get DYM tokens:
- Visit the Dymension airdrop website and click "Claim Airdrop"
- Connect your active crypto wallet - new wallets are not eligible
- Verify your registration in your wallet
- You will be directed to the private airdrop page
- Confirm receipt of the token in your wallet
What are the Benefits of Participating in the DYM Airdrop?
By participating in the DYM airdrop, you not only get DYM tokens for free, but also contribute to the growth and success of the Dymension ecosystem. You can also enjoy the benefits of the Aevo Savings program, which allows you to earn interest on your collateral using aeUSD, a stablecoin backed by Aevo.
Apart from that, you can also interact with the friendly and enthusiastic Dymension community, and get the latest information about Dymension developments and opportunities.
The DYM Airdrop is a unique opportunity to not only increase your DYM token holdings, but also to play an important role in the evolution of an innovative blockchain platform.
By following the steps outlined in this article, you can unlock the full potential of airdrops and contribute to shaping the future of decentralized finance.
How to Buy DYM Tokens on Bittime
You can buy and sell DYM tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. DYM is available on Bittime with DYM IDR pairing.
To be able to buy DYM/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make DYM purchases in the application. Learn a more complete guide on how to buy DYM on Bittime
Monitor the price chart movements of Dymension (DYM), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Dymension (DYM) Price Prediction in 2024, What are the Prospects?
What is Dimension? Future Networking for Innovative RollApps
What is Dimension? Future Networking for Innovative RollApps
Dymension DYM Released: There is an Airdrop Worth 390 Million Dollars
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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