Dymension will launch the incentive testnet Froopyland, which will reward 1% of the total token supply

2023-06-27 18:19:42

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ChainCatcher news, the modular blockchain network Dymension has announced the upcoming launch of the incentivized testnet Froopyland. This new testnet will be a permissionless deployment testnet, and Froopyland will also provide incentives. The total supply of Dymension tokens (DYM) is 1 billion, of which 1% will be distributed to RollApp deployers (4 million), validators (4 million), test users (1 million), and the top 10 Rollapes (1 million) in Froopyland.

According to RootData data, on February 9, 2023, Dymension completed a $6.7 million seed round financing, led by Big Brain Holdings and Stratos, with participation from Matchbox DAO, DraftKings' Shalom Meckenzie, and others. On February 15, dYmension launched its first testnet, allowing only Dymension's core team to deploy RollApps. (source link)

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