Dymension is a home for easily deployable and lightning-fast app-chains called RollApps which allows one to easily deploy own consensus-free blockchain and accrue more token value with greater security.
DYM is the utility token and has recently increased by 38% in the past 24 hours, and like everyone, I was wondering why. Hence, I did a q quick dive into it.
Apparently, the project released its mainnet today, thereby opening the claim period for the DYM token. Over 70 million DYM tokens worth about $390 million will be airdropped to its community members who are qualified for the airdrop distribution.
The token price has been increasing since its listing on exchanges.
What are your thoughts on the potential of this project? Do you believe the recent surge in price is a sign of long-term success, or do you foresee challenges ahead? Let's have your take on this project.