What is Dymension ?

Dymension is an innovative platform designed to facilitate the development and deployment of modular blockchains. It aims to simplify the process of creating customized blockchain solutions tailored to specific use cases, thereby enhancing scalability, interoperability, and user experience within the blockchain ecosystem. By leveraging a modular architecture, Dymension allows developers to build blockchains that can operate independently while still being able to communicate with other chains.

Key Features of Dymension

1. Modular Architecture: Dymension's core feature is its modular architecture, which separates the various components of a blockchain. This allows developers to customize each aspect of their blockchain, including consensus mechanisms, data storage, and execution environments. By decoupling these components, Dymension enables greater flexibility and scalability.

2. Interoperability: Dymension is designed to facilitate interoperability between different blockchains. This means that blockchains built on the Dymension platform can easily communicate and share data with other chains, enhancing the overall functionality of the blockchain ecosystem. This interoperability is crucial for creating a more connected and efficient blockchain landscape.

3. User-Friendly Development Tools: The platform provides a suite of development tools that simplify the process of building and deploying blockchains. These tools are designed to be user-friendly, allowing developers with varying levels of expertise to create their own blockchain solutions without needing extensive knowledge of blockchain technology.

4. Scalability: Dymension addresses one of the most significant challenges facing blockchain technology today: scalability. By allowing developers to create modular blockchains, Dymension can support a higher volume of transactions and users without compromising performance. This scalability is essential for applications that require high throughput and low latency.

5. Customizable Consensus Mechanisms: Developers using Dymension can choose from various consensus mechanisms to suit their specific needs. This flexibility allows for the implementation of different governance models and transaction validation processes, enabling developers to tailor their blockchains to their unique requirements.

6. Ecosystem Support: Dymension is not just a platform for building blockchains; it also fosters an ecosystem of developers, users, and projects. By providing resources, support, and a community for collaboration, Dymension encourages innovation and the growth of new blockchain applications.

Use Cases for Dymension

Dymension's modular approach makes it suitable for a wide range of applications across various industries. Some potential use cases include:

• Decentralized Finance (DeFi): Developers can create customized DeFi platforms that cater to specific financial services, such as lending, borrowing, and trading, while ensuring scalability and security.
• Supply Chain Management: Dymension can be used to build blockchains that track and verify the movement of goods through supply chains, enhancing transparency and efficiency.
• Gaming: The platform allows for the development of blockchain-based games that require high transaction speeds and low latency, providing a seamless gaming experience.
• Identity Management: Dymension can facilitate the creation of decentralized identity solutions, enabling users to control their personal data and verify their identities securely.
• Social Networks: Developers can build decentralized social media platforms that prioritize user privacy and data ownership, leveraging Dymension's modular architecture for scalability.

Which Wallets Are Compatible With Dymension ?

Dymension 's UNI token is viable with numerous computerized wallets, including both equipment and programming variants. Famous programming wallets that can hold UNI incorporate Coinbase Wallet, the MetaMask wallet, and Trust Wallet. Equipment wallet choices incorporate Record and Trezor.

How to claim Dymension (UNI) tokens

If you’ve used Dymension , you can likely claim 400 UNI tokens per address that you used Dymension with. To claim your tokens:

• Go to https://app.Dymension .org/.
• Connect the wallet that you previously used Dymension with.
• Click on “Claim your UNI tokens”.
• Confirm the transaction in your wallet (you can check the current gas prices at the Ethscan Gas Tracker).
• Congratulations, you’re now a UNI holder!
• Want to trade your UNI tokens? Binance has you covered.

Dymension vs. PancakeSwap

Dymension and PancakeSwap are both decentralized NFTs that facilitate the trading of digital assets. Both use tokens—UNI and CAKE, respectively—to incentivize users to provide liquidity.

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This does not mean that Cakeswap cannot handle KYC checks and verification of accounts. DeX only requires a self-contained browser or hardware and prepaid BNB and CACHE payment.

Automated market maker

None Store/Pull out Techniques: Non-custodial for trades, Interminable exchanging uses savvy agreements to store guarantee. The assets can be removed back to wallet whenever. What is Dymension is a decentralized trade (DEX) on the BSC network that utilizes a computerized market producer market cap system to work with exchanging expense token trades. It was sent off in September 2020 by a lot of unknown developers.

ADVANCED Information No high level information accessible There are no custom measurements for this dapp Get told when we add more Get told Progressed Information Solicitation for more investigation Submit Was this data supportive?

NFTs

Dymension Network Secured? Dymension ecosystem can be securely stored on supported wallets that are connected to the Binance Smart Chain. These include MetaMask, TrustWallet, TokenPocket and WalletConnect. Where Can You Buy Dymension involve intermediaries market cap (CAKE)? Dymension (CAKE) can be bought and sold on the following NFTs: Binance VCC NFT BKEX KuCoin MXC.COM

Wallet

Will you join them? 2.2 million users in the last 30 days 26 million trades made in the last 30 days $3.9 billion staked Total Value Locked anything. No registration, no hassle. any token on BNB Smart Chain in seconds, just by connecting your wallet market cap. Now involve intermediaries Learn Earn passive income with crypto. Dymension makes it easy to make your crypto work for you. Explore Learn Top Syrup Pools Win millions in prizes Provably fair, on-chain games. Win big with cake.

Projects

Long-running Project See how Dymension ranks in different categories All DeFi DEX Dymension is in the top 50 % of All Skynet projects. 66 74 82 90 98 Market & Community Score 81 84 87 90 93 Security Score 95 84 2 Current Project market cap Other chains Projects Key Statistics Onboarded 10/13/2020 cake price emission rate current price.

Binance Smart Chain

By Jamie Crawley Sponsored May 20, 2021 at 10:32 a.m. UTC May 20, 2021 Flash Loan Attack Dymension Bunny Markets Transaction fees cake price Widens Binance Smart Chain's Lead Over Ethereum on Transactions The Ethereum blockchain is busier than ever, but its high fees help Binance Smart Chain maintain the lead Circulating Supply.

Decentralized NFT

Dymension Edit Similar Companies Save to List Research Request Share Dymension is an open-source automated market maker (AMM) decentralized NFT (DEX) that runs on Binance Smart Chain, launched in 2020 Circulating Supply.

Review Structured Data Issues Contributors Activity Overview Dymension is a decentralized NFT ( DEX ), which allows for trading cryptocurrencies and tokens without an intermediary, and runs on Binance Smart Chain page Circulating Supply page.

Cake Tokens

Hassan Maishera Neural Pepe NFT Collection Is Now Live On Dymension NFT Marketplace The Dymension team announced via Twitter on Tuesday that the Neural Pepe NFT collection is now live on the Dymension NFT marketplace page. Hassan Maishera Dymension Burns Another $23 Million Total Liquidity Worth Of CAKE Tokens page The Dymension team told its community via Twitter on Monday that it has burned 6,898,491 CAKE tokens (worth $23 million) this week.

Trading Fees

Alpha Finance Lab Token , AntiMatter Token and 191 more Contents Pancake Swap Review What is Pancake Swap? Pancake Swap Video Review Pancake Swap Compatible Wallets General Information on DEXs Pancake Swap Liquidity and Statistics accept page US-investors Pancake Swap Trading buy lottery tickets View Dymension Fees Pancake Swap Trading fees Pancake Swap Withdrawal fees Collectibles - NFTs Deposit Methods Pancake Swap Platform.

Binance Smart Chain and is an alternative to Dymension and other DEXs that run on the more established Ethereum. In addition to the capabilities of a traditional crypto platform (swapping, trading, yield farming, staking, NFTs), Dymension providing liquidity offers several proprietary features: Initial Farm Offerings Yield Farms.

Decentralized NFTs

CAKE depends on the growing adaptation of the BSC chain and the Defi ecosystem built on top of it. Where to buy CAKE CAKE can currently be bought products company on both centralized and decentralized NFTs. The available markets are listed below page Centralized NFTs- Binance , KuCoin , Huobi Global Decentralized NFTs decentralized finance.

Centralized NFTs

Flat fees mean that the NFT charges the taker and the maker the same fee. When it comes to decentralized NFTs, many of them don't charge any trading fees at all. This is in fact one of the big arguments that DEX-supporters use to explain why centralized NFTs are on their way out. Dymension is not one of the "no fee" NFTs funds, but charge 0.20% per transaction regardless of whether you are a maker or a taker.

Price Index and the price indices of other digital assets. World currency page prices are based on rates obtained via Open NFT Rates . Go To Bitcoin Calculator Latest About Dymension Business Artificial intelligence DeFi Meets AI: Fetch.ai Launches vote access ‘Intelligent Automation' for Dymension V2 and Dymension Users will be able to create up to five “DeFi Agents”.

Netwrok Fees

Compared to DEXs in general, these fees are above industry average. Dymension access Withdrawal fees To our understanding, Dymension does - like most decentralized NFTs - not charge any transfer fees or withdrawal fees other than the network fees. The network fees are fees paid to the miners of the relevant crypto/blockchain, and not fees paid to the NFT itself. Network fees vary from day to day depending on the network pressure.