Dungeon Chain Confirms DGN Airdrop

Dungeon Chain Confirms DGN Airdrop

By Jakub Lazurek

21 Oct 2024 (7 hours ago)

3 min read

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Dungeon Chain confirms a DGN token airdrop for Cosmos users, rewarding loyal supporters who staked ATOM, with future airdrops planned.

Dungeon Chain has confirmed an airdrop of DGN tokens for its supporters. As a key player within the Cosmos network, Dungeon Chain currently supports 14 blockchain networks, emphasizing its focus on network security and interoperability.

At the core of Dungeon Chain’s operations is its advanced underground data center, which is equipped with multiple layers of protection. This includes triple redundant internet connections, backup power systems, and 24/7 monitoring, ensuring high uptime and reliability. Additionally, Dungeon Chain employs slash protection to safeguard both the validator and delegators from potential penalties, further boosting confidence in its services.

The airdrop is designed to reward loyal supporters within the Cosmos ecosystem. A snapshot for eligibility was taken on July 21st, 2024, with over 250,000 wallets included. Users who staked at least 50 ATOM tokens are eligible, while those who staked 200 or 1,000 ATOM are eligible for higher rewards.

Moreover, participants can earn a 2x multiplier if they meet additional criteria, such as delegating ATOM to the Crypto Dungeon validator or holding Crypto Dungeon OG NFTs and Mad Scientists NFTs on Osmosis or Stargaze.

For those looking to participate, the process is simple: users who met the requirements by the snapshot date will have DGN tokens automatically airdropped to their wallets. No further action is needed, and tokens are already available in users' Keplr wallets. This airdrop represents a significant opportunity for Cosmos ecosystem participants to gain exposure to the Dungeon Chain project.

Dungeon Chain has also announced plans for future airdrops, including a larger second airdrop, though the exact criteria for this event have not yet been released. It is expected that the original airdrop criteria and staking or holding DGN tokens may be factors for eligibility.

This initial airdrop is part of Dungeon Chain’s broader strategy to increase user participation and support for its validation services. With a solid infrastructure and a strong focus on network security, Dungeon Chain aims to establish itself as a leading validator in the Cosmos ecosystem.

If you're interested in future airdrops, Dungeon Chain encourages users to follow its updates on Twitter, Telegram, and Facebook, as well as subscribe to its newsletter for the latest announcements.

For those who are exploring DeFi projects with no existing tokens but have potential for future governance token airdrops, it’s recommended to stay tuned for lists of potential retroactive airdrops. This could help users get ahead of the next big opportunity in the DeFi space.

Dungeon Chain’s confirmed DGN airdrop provides a chance for loyal Cosmos network supporters to gain additional rewards, and with the potential for more airdrops on the horizon, those involved in the project can look forward to further benefits in the future.

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