News

Dymension’s Froopyland Testnet Gifts 10M DYM – Join Now!

Key Points:

  • Dymension introduces Froopyland testnet with IBC RollApp deployment, no permission required.
  • 1% of DYM Origin Supply (10M tokens) to be distributed as rewards.
  • Top RollApes, test users, verification nodes, and RollApp deployers to receive shares.
Dymension has officially revealed the launch of its highly anticipated Froopyland incentive testnet.

This strategic move aims to introduce the IBC RollApp deployment without the need for permission, marking a significant leap forward in blockchain technology.

A major highlight of this initiative is the commitment to distribute 1% of the total DYM Origin Supply, equating to a staggering 10 million tokens. This substantial allocation is poised to bring about a wave of participation and engagement within the blockchain community. With an eye on fostering a robust and comprehensive testing environment, Dymension plans to provide a recommended three-month trial period for Froopyland’s test network.

The distribution of rewards is a pivotal aspect of this venture. A well-thought-out approach entails that 10% of the rewards will be divvied up amongst the top 10 RollApes, amounting to an impressive 1 million tokens. Further emphasizing inclusivity, another 10% of the rewards will be shared with dedicated test users, empowering them with a total of 1 million tokens.

Validating the network’s integrity, 40% of the rewards have been allocated for the verification nodes. This allocation, totaling 4 million tokens, underscores the significance of maintaining a secure and dependable blockchain network. In recognition of the integral role played by RollApp deployers, an equal 40% share of rewards will be distributed to them, equally totaling 4 million tokens.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

XRP Price Prediction: Signs Emerge For Rally To $12 While Altcoin Rival Readies For 40,000% Rally In 4 Weeks

XRP price signs a breakout to $12 as the spotlight turns to altcoin rival, WallitIQ…

1 hour ago

Missed ICO of Avalanche? Here’s What You Need to Know and Why This Crypto Coin Could Be Your Next Best Investment

For those who missed the initial coin offering (ICO) of Avalanche, it’s a reminder of…

2 hours ago

Indiana Farmer Struck a Windfall with DogWifhat, Now Goes All in on BlockDAG as BULLRUN100 Bonus Goes Live

Indiana Farmer Struck a Windfall with DogWifhat, Now Goes All in on BlockDAG as BULLRUN100…

2 hours ago

Tether Completes The First USDT Oil Transaction in Middle East

Tether completes the first USDT oil transaction in the Middle East, funding a $45 million…

3 hours ago

Celebrating the Success of Zircuit’s ZRC EigenLayer Fairdrop

George Town, Grand Cayman, 8th November 2024, Chainwire

3 hours ago

BIO Protocol, DeSci sector, invested by Binance Labs

Binance Labs makes its first foray into decentralized science (DeSci) with an investment in BIO…

4 hours ago

This website uses cookies.