Token

Dymension

Genesis

Rewards

Layer 1 blockchain Dymension has kicked off season two of its Genesis Rolldrop, which awards tokens to eligible participants including DYM stakers. Season one saw over $400M in tokens issued and the second season looks poised to maintain this generous distribution to users interacting with its universal settlement layer for rollups.
The second season of Dymension’s Genesis Rolldrop coincides with a major upgrade to its mainnet. The imminent <a href="https://blog.dymension.xyz/going-beyond-a-universal-settlement-layer/" rel="noopener noreferrer nofollow">Beyond</a> upgrade is designed to elevate <a href="https://dymension.xyz/" rel="noopener noreferrer nofollow">Dymension</a> into a universal settlement layer for any rollup across the omnichain landscape. This goal will be accelerated and incentivized now that <a href="https://blog.dymension.xyz/p/6ad01492-68ee-4622-a3e6-01ffc9efd94b/" rel="noopener noreferrer nofollow">season two</a> of the Genesis Rolldrop has been initiated.
<h3 id="waves-of-wallets">Waves of Wallets</h3>
Users interested in participation in the Genesis Rolldrop can register for season two <a href="https://portal.dymension.xyz/season-two" rel="noopener noreferrer nofollow">here</a>. Registration is conducted in a series of waves, each of which is reserved for a different set of eligible addresses. The first wave is open to Dymension community members who have staked DYM without unstaking since June 2024. Subsequent waves will reduce the eligibility criteria, enabling more community members to get involved.
Dymension has attempted to design season two of its Genesis Rolldrop to fairly reward users based on their onchain activity, both in the past and moving forwards. Eligible users will be rewarded with DYMONDs that can later be exchanged for <a href="https://coincodex.com/crypto/dymension-token/" rel="noopener noreferrer nofollow">DYM</a>. During the course of season two, a series of claim windows will open during which DYMONDs can be swapped for DYM – but the greatest rewards go to diamond-handed users who elect to hold for longer.
<h3 id="rewarding-rollup-builders-and-users">Rewarding Rollup Builders and Users</h3>
There’s a range of ways in which the Dymension community can maximize the DYMONDs they earn including participating in IRO trading and depositing USDC to Dymension, a task which can be completed in one-click from Solana, Arbitrum, and Base. Other tasks that will increase attainable DYMOND rewards include providing liquidity on Dymension's DEX and growing TVL on the user’s own RollApp.
Recognizing that growing a community is about more than merely boosting adoption of existing tooling, Dymension is also offering incentives for creators. It wants more rollups that draw their security and liquidity from its universal settlement layer and to expedite this the Dymension Foundation is offering rewards to builders of up to $10K per month.
Devs intent on spinning up their own RollApp will be eligible for protocol grants administered by the Foundation. As Dymension <a href="https://blog.dymension.xyz/p/6ad01492-68ee-4622-a3e6-01ffc9efd94b/" rel="noopener noreferrer nofollow">summarizes</a>, “Build something great, and you’ll get endorsed.” Together with season two of the Genesis Rolldrop, this is expected to catalyze activity across the growing Dymension ecosystem.
The Dymension team has high hopes for the forthcoming Beyond upgrade, which will allow developers to deploy a rollup on top of any base chain. Dymension will serve as the validating bridge, supporting deposits, securing withdrawals, and resolving disputes. It’s a solution that effectively allows projects to run their own chain on their own terms without needing to concern themselves with the complexities of maintaining security and attracting liquidity.
If Beyond lives up to its promise, it will help to scale the multichain ecosystem by reducing L1 congestion. In the process, it will position Dymension as the launchpad for a wave of rollups that have been optimized for unique use cases, ranging from privacy to gaming.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Dymension Announces Season 2 of Its Token Airdrop With DYMOND Rewards

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