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Droplets Phase One wrap-up: A new era begins

TL;DR — What you need to know

  • Phase One of the Droplets Program ends February 12, and all Droplet balances earned during Phase One are secured.

  • 10% of the total DROP supply remains locked in for Phase One participants.

  • Phase Two of the Droplets Program begins as Phase One ends, offering participants new dAssets, fresh incentives, and additional earning opportunities.

  • Phase One participants will receive exclusive perks and multipliers in Phase Two.

  • Drop’s TGE will occur after Phase Two, ensuring a high-impact launch for DROP.

  • Two new dAssets are coming in Phase Two, strengthening Drop’s ecosystem before TGE.

Phase One: The foundation is set

Phase One of the Droplets Program has been a major step in establishing the Drop ecosystem. From the start, the Drop community has been liquid staking, earning and driving liquidity to the ecosystems they support.

We’ve built momentum, participation, and alignment with a committed base of contributors around the world who are shaping the future of Drop. With almost 3.5M $ATOM and 500K+ $TIA staked, Drop now holds the most DeFi liquidity across Interchain LSTs and the biggest lending market for dATOM on Mars.

As we move into the next stage, the foundation is rock solid, and all rewards earned by Phase One participants remain fully secured. No dilution, no changes, just more rewards, more opportunities, and even greater rewards for early adopters.

All Droplets accrued in Phase One are locked

The 10% of the DROP token supply allocated in Phase One remains fully secured for those who participated. Every single Droplet earned during this phase will be converted into DROP at the TGE (Token Generation Event). Phase One participants have set the tone for what’s next, and as we move forward, the benefits only get better.

The DROP TGE will occur after Phase Two

Drop’s TGE will happen at the strongest possible moment, ensuring a high-impact launch. Drop is expanding liquidity, increasing staking opportunities, and introducing new mechanics that will enhance engagement and strengthen the protocol.

Before TGE, two new dAssets will go live, introducing new mechanics and greater liquidity and growth for the ecosystems they support. These assets represent a new approach in the LST space, offering unique features that set them apart from existing designs.

Focusing on growth first ensures that when Drop’s TGE happens, it’s backed by an active, engaged market and positioned for long-term adoption.

Phase Two brings new rewards and more ways to earn

Phase Two kicks off on February 12th, bringing novel LST mechanics, fresh incentives, and additional earning opportunities. Phase One participants will receive exclusive perks and multipliers in Phase Two, and **new participants can step in and take part in Drop’s next growth phase.

An additional 5% of the DROP supply will be airdropped to Phase Two participants.

Phase Two will also introduce at least two new dAssets and new referral and participation mechanics, ensuring active community members continue earning and benefiting from the program.

Introducing Badges: Exclusive perks for early community members

Since inception, Drop has been a community-first ecosystem, built with the participation and contributions of its users. Phase Two introduces Drop Badges, a new system designed to recognize and reward those who have helped shape the protocol. More than just recognition, badges enhance earning potential, providing multipliers on rewards, priority access to incentives, and additional benefits as Drop continues to expand.

Badges will be awarded to everyone who participated in Phase One of the Droplets Program.

Stay up to date on what’s next

More details on Phase Two, including how badges work and the benefits, will be shared soon.

Follow the countdown and join the Drop community on Telegram and Discord.

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Legal Notice

By participating in the Droplets Program, or otherwise accessing or using Drop’s UI, you accept and agree to be bound and comply with the Droplets Program Terms and Conditions of Use, including Drop’s general Terms and Conditions.