February 2 Bitfinex was the first to list Dymension’s native token, DYM.
Road Town, British Virgin Islands – February 2, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list Dymension’s native token, DYM.
Dymension, a layer 1 blockchain within the Cosmos ecosystem, aims to transform decentralized applications (dApps) through an innovative modular blockchain system known as “RollApps”. The system allows developers to improve the efficiency and speed of application development on the Dymension network through the user-friendly RollApp development kit. By providing standard modules for essential functions such as account creation and token management, the kit simplifies the development and deployment process and significantly minimizes the time and effort required to code basic functionality while improving performance and scalability.
Dymension’s native token, DYM, is used to pay transaction fees while also providing governance rights to holders, allowing token holders to participate in decision-making processes related to the network.
“Dymension is an exciting Web3 project and we are proud to be one of the first exchanges to list the DYM token.” said Henry Child, Head of Tokens at Bitfinex. “Dymension’s approach to simplifying dApp development through its innovative RollApps system is impressive, and its development bodes well for the proliferation of new and creative decentralized applications.”
DYM deposits will be available on Bitfinex starting February 6, 2024 at 1:00 PM (UTC). Trading is scheduled to begin at 3:00 PM (UTC) on February 6, 2024, and DYM will be tradable against the US Dollar (DYM/USD). ) and Tether tokens (DYM/USDt).
To access DYM on Bitfinex, customers visit https://www.bitfinex.com/.
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