DYMDymension (DYM) Price

1.Project introduction

Dymension utilizes a modular blockchain design to overcome existing blockchain limitations by introducing RollApps, a layered blockchain protocol. It provides a RollApp Development Kit (RDK) to facilitate building on its dedicated settlement layer, the Dymension Hub, where RollApps communicate via Inter-Blockchain Communication (IBC). With embedded dispute resolution and automated market makers (AMMs), it ensures shared liquidity and security, targeting scalable, interoperable, and developer-friendly dApp deployment.

2.Team introduction

Yishay Harel - Co-founder and CEO

https://www.linkedin.com/in/yishayrl/

Michael Tsitrin - Core Developer 

https://www.linkedin.com/in/michael-tsitrin-0b648a112/

3.Investment institution

Big Brain Holdings, Stratos, Matchbox DAO, Shalom Meckenzie

4.Token application and distribution

Token application

The DYM token powers the Dymension ecosystem by enabling staking, governance participation, liquidity provision, and transaction fee payments across the platform. It acts as the essential utility token facilitating operations and incentivizing user engagement within the RollApp and Dymension networks.

Token distribution

INCENTIVES MANAGER [ONCHAIN DAO]: 33.00%

CORE CONTRIBUTING TEAM: 20.00%

ECOSYSTEM & R&D: 20.00%

BACKERS: 14.00%

PUBLIC ALLOCATION: 8.00%

COMMUNITY POOL [ONCHAIN DAO]: 5.00%