The big narrative of modular blockchain has been very popular since TIA issued the currency.
Binance will launch another modular sector token tonight - Dymension
But maybe because there are no activities such as Binance staking mining, many people don’t know much about him.
Here is a brief introduction to you (starting with modular blockchain)
Let’s make a long story short here, the general rules can be summarized as: consensus, execution, data availability and settlement
Modularization means splitting a blockchain into four parts according to these responsibilities
Corresponding to the consensus layer, execution layer, settlement layer, and data availability layer (DA layer) respectively
Through this aggregation and combination method, the blockchain architecture is re-layered.
Use a modular approach to expand on demand and combine the four functional layers with each other.
Safely improve performance and expand the network without compromising the fundamentals of decentralization
Like Celestia (TIA), it is a modular blockchain network that focuses on data availability, which is the DA layer.
ALT, which was listed some time ago, is a RAAS service provider that helps users quickly assemble their own modular blockchain.
And today’s protagonist, Dymension,
It is a project that focuses on the settlement layer part of the modular blockchain, which is why many people say it will benchmark against TIA.
At present, the official token economics has been released
The initial supply of DYM is 1 billion, and the initial issuance is 8% of the supply.
Community pool allocation: 5%
Airdrop allocation: 8%
Supporter allocation: 14%
Core contribution team allocation: 20%
Incentive plan allocation: 33%
The remaining 20% is allocated to the Dymension Foundation
Officially, the $Dym airdrop will be distributed to wallets, so be careful not to get phished.
There may be some staking activities for this token in the future, and it may also be a golden shovel.