Dymension Launches DYM Sponsorship, a Weighted Stakeholder Voting System

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Cointime2024/06/06 14:25

By:Cointime

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.

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