Join the #ScamRiskWarning campaign! 🚀 Win up to 500 FDUSD by sharing your crypto scam experiences along with anti-scam suggestions for @Binance Risk Sniper to enhance Binance's risk measures. Let's bolster crypto safety together! 

Campaign Period: 2024-04-26 00:00 to 2024-05-01 23:59 (UTC)
To Participate: 
Use #ScamRiskWarning when sharing your crypto scam experiences along with anti-scam suggestions for the Binance Risk team on Binance Square. The post should be at least 100 characters long. 
Your Post Can Feature:
Your experience with cryptocurrency scams;Detailed recount of scam patterns, such as: investment->rebate->request to invest more->request to security deposit->scam, etc. Add as much detail as possible about your experience;Your suggestions for anti-scam prevention;Your expectations from Binance in tackling scams.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Four posts generating the most interaction will each be rewarded with 125 FDUSD.

For more information on scams refer to Binance Blog.
Stay updated with @Binance Risk Sniper on Binance Square.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.

Two hours after its debut, Dymension token (DYM) surged 40% after its airdrop was distributed to millions of users on major centralized exchanges, such as Binance.

App-chain infrastructure Dymension released its mainnet today, opening the claim period for its native token, the DYM. 

Two hours after its debut, the token jumped 40% after being listed on major centralized exchanges, such as Binance.

DYM Price Chart | Source: Coinstats

 

Over one million addresses qualified for the airdrop of 70 million DYM units, which accounts for 7% of the total supply of the crypto asset. 

Dymension team used different criteria for eligibility, such as interactions with Ethereum layer-2 blockchains, Celestia (TIA), Cosmos Hub (ATOM), and Osmosis (OSMO) staking, and activity on Solana.

According to DYM tokenomics, 80 million tokens were issued today, which is 8% of its 1 billion supply. 

At the current price of $4.63 registered at the time of writing, DYM now holds over $370 million in market cap, and over $4.5 billion in fully diluted value.

See Also: Price Analysis: Uniswap (UNI) Price Increased More Than 4% Within 24 Hours

Dymension is an infrastructure aimed at facilitating the creation of blockchains of specific purpose, commonly called app-chains. 

Since those app-chains are created on top of layer-1 blockchains, they received the name ‘RollApps’, a mix of rollups and applications.

This new project comes in a new wave of protocols, such as AltLayer and Celestia, betting on modularity to solve Web3 scalability problems. 

A modular blockchain serves as the foundation on which other chains are built, with their own set of rules, native tokens, and purposes.

To make it possible, modular blockchains like Celestia separate their execution layer, where transactions’ information is processed, from the data availability and consensus layers.

Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.

#Binance #WRITE2EARN

The post Dymension (DYM) Surged 40% Following Airdrop Distribution To Over One Million Users appeared first on BitcoinWorld.