Drop: Your Gateway to Enhanced Yields and Future Rewards!
Drop, the innovative liquid staking protocol, continues to make waves with a flurry of updates designed to maximize your crypto holdings and position you for exciting future rewards. If you’re hunting for airdrops and maximizing your on-chain activity, pay close attention to the rapidly evolving Droplets Program and the upcoming Token Generation Event (TGE).
Droplets Program: Your Path to Future Rewards!
The core of Drop’s reward system is the Droplets Program, a points system designed to reward active participation and engagement within their ecosystem. These “Droplets” are crucial for future distributions, so accumulating them is key.
How to Earn Droplets:
- Liquid Staking: Convert your native assets like $NTRN, $TIA, $ATOM, and $INIT into liquid staked tokens (dAssets) through Drop to start earning daily Droplets.
- Referral System: Boost your earnings! Use a referral code when you join to earn a bonus, and share your own code to stack even more rewards from your referrals’ activities.
- DeFi Integrations with Multipliers: Drop continues to expand opportunities to earn boosted Droplets by utilizing your dAssets across various DeFi protocols. Recent key updates include:
- 5x Multiplier on Echelon Market: Lending your deINIT on EchelonMarket now earns you a generous 5x Droplet multiplier (as of July 1st). This was further confirmed with Droplets activated on EchelonMarket on June 26th.
- 10x Multiplier on RAVE Cave: Deposit your deINIT into a RAVE Cave on RAVE Trade to earn a substantial 10x Droplet multiplier (live since July 9th).
- 10-50x Multipliers on Astroport Pools: Providing dNTRN liquidity to specific Astroport pools can net you impressive 10x to 50x Droplet multipliers (effective June 23rd).
Droplets Program Adjustments:
Keep an eye on the program changes to optimize your strategy. A recent update on June 27th outlined these key adjustments:
- The Levana multiplier has been adjusted from 50x to 20x.
- Droplet distribution is ending for Flame and Demex.
- Check the Droplets Update here.
NFT Holder Boosts for Droplets
Good news for NFT enthusiasts! Drop has integrated with the Neutron native NFT marketplace, Superbolt. Now, holding specific NFTs can boost your daily Droplet earnings:
| NFT Collection | Droplet Boost |
|---|---|
| @CewtsCult | +10% daily Droplets |
| @Memeducknft | +10% daily Droplets |
| @galactic_quarks | +10% daily Droplets |
| @Tardigrades_NFT | +10% daily Droplets |
You can stack boosts across collections for up to a +20% daily Droplet increase! Learn more about this exciting integration here.
Token Generation Event (TGE) on the Horizon!
The Drop team has confirmed that Token Generation Event (TGE) preparation is in full swing! While the exact date is still being finalized to ensure a confident launch, the announcement signals an important milestone for the project and potential rewards for active community members. Stay tuned for the official date, which will be shared as soon as it’s set. Follow their updates here.
Past Rewards & Opportunities
- Testnet Droplet Distribution: Drop has already rewarded its early supporters! On July 11th, 10,000 Droplet rewards were distributed to qualifying testnet users who engaged with deINIT, dTIA, and dNTRN. This demonstrates a clear commitment to rewarding community participation. See the distribution announcement.
- Leap Fest Participation: Drop is a partner in Leap Wallet’s “Leap Fest” rewards campaign, which features over 10 partner projects and $10,000 worth of rewards. This could present another avenue for potential earnings for Drop users. Learn more about Leap Fest.
Drop is consistently building out its liquid staking ecosystem, adding new features, and clearly laying the groundwork for future token distributions through its Droplets program. Staying active and utilizing the various boosted earning opportunities is crucial for airdrop hunters looking to maximize their potential!