According to Odaily, Dymension has announced the launch of a weight-based staking voting system, DYM Sponsorships. This system is responsible for deciding how to distribute on-chain incentive flows between RollApps and liquidity pools. It dynamically determines the best way to allocate tokens.
The DYM Sponsorships system is designed to optimize the allocation of tokens based on weight. This means that the distribution of on-chain incentives will be determined by the weight of the stake, allowing for a more efficient and fair distribution of resources.
This new system is expected to bring significant improvements to the way tokens are allocated within the Dymension ecosystem. By dynamically adjusting the allocation based on weight, DYM Sponsorships can ensure that resources are distributed in the most effective way possible.
This announcement marks a significant step forward for Dymension, demonstrating their commitment to improving the efficiency and fairness of their token distribution system. The launch of DYM Sponsorships is expected to have a positive impact on the overall performance of the Dymension ecosystem.
