Drop💧
@dropdotmoney
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Breathing new life into the Interchain through liquid staking. Proud member of the @LidoFinance Alliance. https://t.co/P4rK2hzcTd
Joined March 2024
dTIA update 💧 Following the Celestia upgrade and final testing, dTIA is re-enabled: → Deposits and withdrawals running normally → Unbonding period is 14 days
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Following the announcement on November 13, the Drop Foundation will wind-down all Drop Protocol activity. Additionally, the Droplets Program has now formally concluded and Droplets are no longer accumulating. As a way to reward those who provided liquidity, a part of Drop’s
medium.com
Drop launched in 2024 to make staked assets productive across the Interchain and expand access to liquidity for Cosmos assets. Since then…
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After the Drop wind-down announcement, a few teams reached out about taking over Drop asset maintenance. Since the interest exists, we are going to run an organized process to define who takes them over. Please DM me for the details if you're interested.
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After much thought, we’ve made the difficult decision to wind down Drop Protocol and the Drop Foundation. Drop grew to become the largest LST in the Interchain — something we’re deeply proud of — but the current direction of the ecosystem and market conditions make it hard to
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Drop is live and liquid 💧 - 5M+ ATOM staked - 1.5M+ dATOM used as collateral on @mars_protocol The team is working hard and updates on TGE, Drop DAO governance and changes affecting certain dAssets will be shared in the coming days.
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Following Friday’s market volatility, Drop protocol ran as usual 💧 Delegations across all dAssets remained stable, funds are safe, and operations continued without disruption.
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Caps can’t keep up. Mars opens more space for $dATOM deposits and new HLS positions. Where Drop goes, liquidity flows 💧
🛰️ $dATOM Deposit Cap Expanded Again Demand for $dATOM continues to surge, the previous cap (1.15M $dATOM) was reached in under 24 hours. To accommodate ongoing interest, the deposit cap on Mars’ Neutron Red Bank has now been raised to 1.85M $dATOM. This update reopens room
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The true staking yield is tears of regret from lost opportunity. Stay liquid 💧
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Option 1: Stake and earn 13-16% APR on $ATOM with 21-day unbonding period. Option 2: Liquid stake and earn 16% on $ATOM by minting dATOM. No unbond. Earn more when you put dATOM to work in DeFi. Plus earn Droplets. Life is full of complex decisions. This isn't one of them💧
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Staking is what you do before you discover dAssets. Earn more and stay liquid💧 https://t.co/OAjAO6RQTC
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TGE update 🥚 Drop is in the final stage with launch partners. When finalized, an official TGE date will be announced. With that date set, snapshots will be taken and details on eligibility, DROP conversion + claim process will be shared. Wen is close. Stay liquid💧
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Access 7x leverage on dNTRN or dATOM with @mars_protocol via High Leverage Staking. → Deposit dNTRN or dATOM as collateral → Borrow up to 7x collateral value It's good to be liquid 💧 https://t.co/9BHMJtxB9i
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🥚
Take a first look at the $DROP token 🥚 Token utility? Vesting? Distribution? All detailed here👇 https://t.co/pjDiY3bMjn
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If BTC deposit into vaults → then dNTRN rewards If dNTRN → then Droplets rewards💧 https://t.co/UhAerRnJkT
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3/3 And yes, wen is happening soon. Possibly in the next couple of weeks if you believe @mityaxyz. Drop's shipping. Wait for the official announcement. Catch the alpha in the latest @madscientists_x space: 🔗 https://t.co/SzFrJsb8DM
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