Dymension Faces Mainnet Issues Just Before Token Listing

Shortly after launching its mainnet, Dymension encountered issues with network validation.

The problem was shared by the Twitter community on the evening of February 6. Specifically, the network, which had just been initialized, experienced validation issues due to a significant proportion of tokens (up to 35%) being delegated to a single validator.
Dymension’s failure to reach consensus on Mainnet is because 35% of staked DYM is delegated to a single validator.
— Jake | rug.ai (@jake_xbt) February 6, 2024
This highlights the need for Decentralised Staking Infrastructure (DePIN).
Enter Validao, which fixes this problem by decentralizing the validator set 👇 pic.twitter.com/UI2qTnpFkR
Earlier, Dymension announced the official launch of its mainnet and its integration into the Cosmos Interchain ecosystem. This solution is intended to serve as infrastructure, enabling projects to easily develop a RollApp (a specialized network for their applications).
Welcome @dymension to the interchain ⚛️
— Cosmos - The Interchain ⚛️ (@cosmos) February 6, 2024
Dymension mainnet paves the way for standardizing rollups with #IBC and enables the easy deployment of app-specific rollups (RollApps).
The Interchain Stack empowers the modular era! pic.twitter.com/paT4EcFYjs
Prior to this, Dymension announced an airdrop for users who had supported products from the Cosmos, Celestia, or Ethereum ecosystems. On the afternoon of February 6, Binance also announced that it would support the listing of the DYM token.
Update:From the latest updates, the Validator entity Chorus One stated that the issue was related to them and that they would investigate to find the cause and fix it. Initial speculation suggests minor bugs in the network's node operating software.
1/ We are addressing an (as yet unknown) issue on our side that led to a less than ideal launch experience for the @dymension mainnet ~2 hours ago.
— Chorus One (@ChorusOne) February 6, 2024
The current state is that all validators are co-ordinating a restart, and Chorus will join the chain as soon as the issue is…
Binance has also announced a postponement of the DYM token listing to midnight on February 6 to ensure the safest trading experience for users.
To ensure the best trading experience, we have delayed the $DYM listing to later today, at 17:00 UTC.
— Binance (@binance) February 6, 2024
We appreciate your patience, and we'll update you when trading is live on #Binance
More details 👉 https://t.co/mzBf5S9ApJ