Âtrium partners with DripDropz
About DripDropz
DripDropz, an intuitive Cardano based token dispensing service is partnering with Âtrium. They bring their industry leading experience in token distribution technology to Staking Baskets, a brand new, innovative smart contract by Âtrium that allows users to delegate to a basket of over 100 stakepools at a time.
About Âtrium
Âtrium is an all-in-one, user-friendly front-end interface for the Cardano blockchain that serves as a one-stop solution for users to access various financial applications. By consolidating these features into a single, easy-to-use platform, Âtrium aims to lower the barriers to entry for new users while providing a seamless experience for existing users.
Why we are partnering
DripDropz utilizes ‘Phyrhose’, a transaction signing and bundling API, which will be used to reward holders of Staking Basket tokens with additional token rewards. This is a tried and tested method of rewarding users that has been extremely well received by the Cardano community.
The Staking Baskets smart contract is complete and has been tested rigorously on the Cardano Preview network, and the DripDropz reward implementation will be added to the testnet before release on Mainnet, expected towards the end of 2024. Both ‘Diffusion’ and ‘Create your own’ Staking Baskets will utilize this function when distributing additional token rewards.
Âtrium will also be including Âtrium DAO tokens in the DripDropz blockchain wide distribution service which dispenses tokens to Cardano users. This means that existing DripDropz users will be able to claim Âtrium DAO tokens each epoch using the ‘Drip It’ function on Dripdropz.io.
Quote Âtrium</Lab>
Since inception DripDropz has consistently developed highly quality products that resonate with the Cardano community. I am extremely excited to be working with the team on the integration of additional token rewards on top of Staking Baskets.
Peyton, CEO / Co-Founder of Âtrium</Lab>
Quote DripDropz
Âtrium is highly anticipated to bring tremendous value to Cardano. In partnering with Âtrium, the DripDropz team is extremely proud to unleash Phyrhose to help push Cardano forward while continuing to live up to our reputation as Cardano’s most trusted token delivery platform.
Kyle Solomon, CEO / Co-Founder of DripDropz
Summary
The Âtrium Alpha has been a resounding success, seeing thousand of users test the platform in exchange for Atrium DAO tokens. We look forward to integrating DripDropz technologies and believe the addition will prove invaluable to our users.
