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
Crypto Faces Ongoing Challenges Despite Pro-Crypto Shift in U.S. Leadership
Australia Seeks Public Input on Adopting Global Crypto Reporting Standards
FET breaks through $1.5
Trending news
MoreCrypto prices
More
