About Dymension
Dymension Hub is a decentralized modular Delegated Proof-of-Stake (DPoS) Layer 1 blockchain designed to quickly deploy custom built RollApps (L2s). RollApps come equipped with pre-defined modules to accelerate development, incorporating features such as minting native tokens, on-chain governance, out-of-the-box bridging, and much more. By leveraging Dymension, RollApps benefit from enhanced security and access to liquidity, making them more efficient than traditional blockchains. Instead of managing a distributed set of validators, RollApps publish transaction data to a different blockchain, allowing anyone to validate the correctness of the state. This approach reduces the number of network nodes, simplifying the bootstrapping process while ensuring secure user interactions through on-chain data publication.
Dymension Hub is specifically built to provide RollApps with the necessary security, bridging, and liquidity. RollApp funds are secured by Dymension's validators, ensuring a reliable environment for transactions. RollApps are interconnected through a single IBC connection to Dymension, enabling them to bridge to each other and the broader crypto economy. This connectivity streamlines interactions across the ecosystem, fostering a cohesive and efficient network.
A distinctive feature of the Dymension Hub is its embedded Automated Market Maker (AMM), which is not limited to handling RollApp validity and bridging. The AMM facilitates efficient asset routing, price discovery, and shared liquidity across the entire ecosystem. This integration exposes RollApps to enhanced liquidity, promoting a robust and dynamic market environment. The strategic design of the AMM within the Dymension Hub ensures that liquidity is readily available, supporting the seamless operation and growth of RollApps.
Dymension functions similarly to an internet service provider, acting as a decentralized router that connects RollApps to the crypto economy. It enables the vertical integration of modular blockchains, where network and liquidity bootstrapping are combined into a single user experience. This integration significantly reduces the time required to deploy a blockchain, making it possible to launch one in just a few minutes. Through its innovative design and comprehensive features, Dymension streamlines the deployment and operation of RollApps, providing a robust platform for the development and growth of modular blockchains.