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Drop
Tier A

Drop

Expected Gains
★★★★☆
Time Required
15 min
Quest Nature
Mainnet
Funding Info
/
Category:
DeFiLiquid Staking
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80
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Project Overview

Drop is a liquid staking protocol designed for Interchain assets, backed by the Lido Alliance. It aims to transform stagnant, staked assets into productive resources that enhance the economic viability of sovereign blockchains. Here's a comprehensive overview of the project:

Guide

To earn Droplets in the Drop Phase 2 Droplets Program, follow these steps:

Liquid Stake ATOM or TIA: Stake your ATOM or TIA tokens within the Drop platform to convert them into dATOM or dTIA. This process earns you Droplets, with each dollar worth of dAssets generating one Droplet per day.

Use dAssets in DeFi: Deploy your dAssets in Drop ecosystem apps to multiply your Droplets earnings. For example, providing liquidity on platforms like Astroport can offer significant multipliers.

Refer Friends: Share your referral link with others. You earn 25% of the Droplets your referrals earn and 12.5% of the Droplets earned by anyone your referrals refer.

Monitor Progress: Track your Droplets earnings on the official Droplets dashboard to stay updated on your progress.

Participate in Ecosystem Activities: Engage in various DeFi activities using your staked tokens to increase your Droplets earnings.

Phase 2 offers additional benefits and multipliers for participants from Phase 1, so maximizing your participation in these activities can enhance your rewards.