The Good Tech Companies - Why Dymension's Season 2 Matters for the Blockchain Ecosystem

Episode Date: July 2, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/why-dymensions-season-2-matters-for-the-blockchain-ecosystem. Explore Dymension's Season 2, its new reward system (DYMONDs), and opportunities for users and builders. Discover how Dymension is evolving. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #blockchain, #dlt, #cryptocurrency, #good-company, #dymension, #dym-token, #dymension-news, and more. This story was written by: @ishanpandey. Learn more about this writer by checking @ishanpandey's about page, and for more stories, please visit hackernoon.com. Explore Dymension's Season 2, its new reward system (DYMONDs), and opportunities for users and builders. Discover how Dymension is evolving.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Why Dimensions Season 2 Matters for the Blockchain Ecosystem, by Aashan Pandey. Did the initial excitement of Dimensions mainnet launch, marked by a significant token distribution, truly capture the protocol's full potential? While Genesis Rolldrop Season 1 distributed over $400 million in tokens, Dimensions underlying technology was in an early state. The protocol has evolved, and with the, beyond, upgrade approaching, season 2 is set Tor introduce

and accelerate Dimensions growth as a universal settlement layer. This new phase aims to deepen engagement and reward various participants, from long-term token holders to active builders and new users. It represents a shift towards a more comprehensive and incentivized ecosystem, moving beyond the initial airdrop to foster sustained participation and development. The focus is now on establishing Dimension as a foundational layer for decentralized applications and services. Unpacking the registration waves and Diamond Hands initiative Season 2's participation mechanism begins with registration waves, each targeting specific eligible addresses. This phased approach allows Dimension toonboard different segments of its community systematically.

The first wave, termed Diamond Hands, is dedicated to core DYM community members. To qualify for this initial wave, individuals must have continuously staked a minimum of 17 DYM tokens since June 2024 without unstaking. This criterion establishes a clear measure of sustained commitment. The registration process itself is designed for security and simplicity. Participants register their wallet addresses without requiring a signature, meaning no private key information is ever requested. The only official entry point is through the designated portal https://portal.dimension.xyz Season 2, emphasizing a secure and controlled environment for participation.

This careful approach to registration reflects a broader commitment to user safety within the Dim dimension ecosystem. Understanding DYMONDS, the new incentive mechanism at the core of Season 2's reward structure are DYMONDS, a new form-of-one protocol points that users can earn and later exchange for DYM tokens. This system is designed to incentivize various forms of on-chain activity, compensating long-time DYM holders, active users, developers, and new entrants. The earning of DYMONDs is tied to real-time on-chain actions, ensuring that rewards are distributed based on actual engagement rather than static metrics. DYMONDs are earned through activities such as IRO trading, depositing USDC,

through activities such as IRO trading, depositing USDC, with one-click functionality from Solana, Arbitrum, and BASE, participating in Bridge LP, providing liquidity on Dimensions Decentralized Exchange, and depositing Total Value Locked, TVL, into a user's own Role App. The real-time tracking of DYMONDs within the Dimension Portal provides transparency and allows users to monitor their progress. This dynamic reward system encourages continuous interaction and contribution to the network. Claim windows and long-term engagement The process of converting earned DYMONDs into DYM tokens occurs during specific claim windows. These are limited timeframes spread throughout Season 2, offering participants the opportunity to exchange their accumulated DYMONDs. This phased claiming approach aims to manage token distribution and encourage sustained participation.

A significant aspect of the Diamond system is its emphasis on long-term engagement. While users have the option to claim their DYM during each window, the protocol offers greater rewards to those who continue their participation throughout the entire Season 2. This structure is intended to align incentives with the protocol's long-term growth and stability, rewarding individuals who demonstrate a consistent commitment to the dimension ecosystem. Referral system and Stakers Boost to further accelerate growth and community expansion, Season 2 introduces

our referral system. Existing participants can invite new users, earning a bonus equivalent to 10% of all DYMONDs accrued by their referrals. This bonus does not diminish the referred user's own diamond earnings, creating a mutually beneficial arrangement. New users who join using a referral link also receive a sign-up bonus, providing an immediate incentive for new participation. This mechanism aims to leverage the community for organic growth and adoption. The Stakers Boost mechanism directly rewards users

for their sustained commitment and the size of their staked DYM. Every diamond earned by a participant is subject to a multiplier of up to 5x, based on the average of two factors, the duration of continuous staking without unstaking, and the amount of DYMs staked, with a cap at 25,000 DYM. This boost system directly links staking behavior to increased earning potential, incentivizing long-term holding and significant contributions to network security. Empowering Creators The Rle App Endorsement Program Season 2 extends its focus beyond individual users to actively support creator sandbuilders within

the Dimension ecosystem. The protocol recognizes that the creation of new Role Apps and the attraction of TVL to these applications are critical for its expansion. While builders earn DYMONDs through their on-chain activity, the Dimension Foundation has also initiated a program to directly fund these creators. Through endorsements, the Dimension Foundation allocates its staked DYM to support builders, offering rewards of up to $10,000 per month. This program isopend to both early stage teams and those with existing live role apps. The process involves submitting an application or idea for on-chain support, indicating a

direct pathway for developers to receive significant backing. This initiative highlights Dimension's commitment to fostering a vibrant developer community and expanding its utility as a foundational layer. My Opinion and Final Thoughts Dimensions Season 2 represents a progression from a focus on initial distribution to building a sustained and active ecosystem. The introduction of DYMONDs, coupled with the detailed registration waves and Stakers Boost, indicates a strategic effort to incentivize continued engagement across various user segments. The emphasis on rewarding long-term commitment through T-Red Claim windows and the multiplier for stakers promotes network stability and aligns user interests with the protocol's health. The inclusion of a robust referral program and, critically, the direct financial support for role app creators through the endorsement system, demonstrates a commitment to fostering organic growth and innovation. By empowering builders with direct funding and incentivizing the development of new applications, Dimension is laying groundwork for a more diverse and functional ecosystem.

This approach suggests a long-term vision for the protocol, moving beyond simple token distribution to cultivate a thriving and self-sustaining network. Don't forget to like and share the story. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.