LiquiditystakeprotocolDrop will support stakeATOM, 10% Token total supply is planned to be distributed to Droplets participants

2024-09-11 15:37:37

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Odaily Planet Daily News According to official sources, the Lido Alliance announced the launch of the Liquiditystakeprotocol Drop, designed specifically for Interchain assets, aiming to enhance the economic feasibility of sovereign blockchains by activating frozen assets. Currently, Drop supports Liquiditystake of ATOM, and users will receive dATOM Tokens representing their stake positions after staking ATOM. It is reported that Drop will allocate 10% of Liquidity stake assets as rewards to a dedicated pool, and the future usage will be determined by DROP DAO. To incentivize user participation, Drop has launched the Droplets program, distributing 100 million DROP Tokens (10% of the total supply) to participants.

ATOM-2.22%

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