Drop

Drop

Liquidity for the Interchain Earn auto-compounded staking rewards and additional DeFi yield while contributing to the growth of your favorite ecosystems.

About Drop

Drop is a liquid staking protocol for Interchain assets and a member of the Lido Alliance. Led by ex-Lido and P2P contributors, Drop is on a mission to strengthen the economic viability of sovereign blockchain economies by transforming stagnant, frozen capital into flowing streams of opportunity.

Built as an Integrated Application on Neutron, Drop’s smart contract architecture leverages the Inter-Blockchain Communication (IBC) protocol and Neutron’s Interchain Transactions (ICTX) and Interchain Queries (ICQ) modules, enabling the protocol to provide trust-minimized liquid staking services and scale with minimal additional overhead and risk. Drop’s architecture consists of CosmWasm contracts controlling the flow of assets between multiple blockchains using IBC, ICTX, and ICQ. Upon receipt of supported assets, the protocol mints liquid staking receipt tokens (called dAssets) using the Token Factory standard.

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