Dymension Launches DYM Sponsorship, a Weighted Stakeholder Voting System
Dymension announced the launch of DYM Sponsorship, a weight-based DYM staker voting system. Users who stake DYM to active validators will receive Sponsorship voting rights proportional to their staked amount. They can freely choose how to allocate these sponsorship rights to any number of RollApps and liquidity pools they wish to support. Dymension will distribute the initial basic amount of DYM based on the total accumulated weight of sponsorship rights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why Has Bitcoin Price Declined Recently? What to Expect in the Long Term?
Why has the world's largest cryptocurrency, Bitcoin, experienced a decline recently? The analyst evaluated the current situation.
Giants of the Market Speak Out: Five Big Banks Predict When US Rate Cuts Will Happen – Even Some Say Rates Will Rise
Journalist Nick Timiraos shared the latest predictions about interest rate decisions in the USA in his statement.
Fantom Price Rebounds As Sonic Chain Hit $100M TVL Milestone
Kenya’s draft crypto legislation will be open for public comments until January 24
Trending news
MoreCrypto prices
More
