Introduce Dymension RollApps Block Explorer project
Hello, I’m Viktor,
We are currently building Block Explorer for RollApps as a service.
The project is expected to be going live in early May, 2024.
Our ultimate target is provide this block explorer as a free software service, can launch Explorer for a new RollApp in technically few minutes.
But in my vision on Dymension, in the near future it will have ultimate number of RollApps, that leading to the problem that the infrastructure cost will be ultimately high, so we come here to ask for help from community.
Please support us by delegate to our validator Dr.BE, to help us having more funds on doing such that big things for free.
In exchange, we will distribute our Dr.BE token to our delegators so you can use it to unlock usage on our product, or exchange it with who needed.
Distribution mechanism
Every two weeks, delegators will be snapshoted, reward be will computed arcording and transfer to delegators.
Total supply of Dr.BE token is 22m, won’t be minted later.
At April 22th, we did an extra distribution, excluded from bi-weekly schedule (view).
dymd q bank total --denom ibc/5620289B0E1106C8A2421F212FEC4EB19E3CBA964662DB61754CCDE8FAAC29FF
amount: "22000000000000"
denom: ibc/5620289B0E1106C8A2421F212FEC4EB19E3CBA964662DB61754CCDE8FAAC29FF
Decimals: 6
Mechanism:
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Every 2 weeks.
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Total allocation per distribution: 10k gift token.
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Individual earn: based on amount of staking.
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If delegator delegates more than 1m DYM, treat them as delegate 1m.
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If individual delegator earns more than 20% of allocation (10k x 20% = 2k), cap at 2k, excess amount will be added into total allocation for the next period.
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Minimum stake required: 10 DYM
For example:
Period 1 at April 16st 2024
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Delegator 1 delegates 2m DYM
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Delegator 2 delegates 50k DYM
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Delegator 3 delegates 50k DYM
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Delegator 4 delegates 50k DYM
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Delegator 5 delegates 50k DYM
Total delegation: 2m200k = 2m + 50k + 50k + 50k + 50k
Total delegation for reward distribution: 1m200k = 1m + 50k + 50k + 50k + 50k
Total Dr.BE token to allocate: 10k, distribute over 1m200k DYM
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Delegator 1 actual earns 2k Dr.BE, (reduced from 8333 due to the cap 20%)
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Delegator 2 earns 416 Dr.BE
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Delegator 3 earns 416 Dr.BE
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Delegator 4 earns 416 Dr.BE
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Delegator 5 earns 416 Dr.BE
Total actual Dr.BE token distributed: 2000 + 416 x 4 = 3664
Excess token amount 10k - 3664 = 6336 will be added to distribution of next period.
Period 2 at May 1st 2024
Total Dr.BE token to allocate: 16336 Dr.BE
…
Fact: we already distributed reward for the first period April 16th.
Thank you so much for your time.
this will be great