Introducing the Droplets Program — The Ultimate Guide to Earning DROP
With help from Drop’s growing ecosystem of partners, it’s time to unveil the Droplets Program.
The Droplets Program aims to:
- Coordinate market participants to maximize the economic welfare of the Interchain
- Measure the value of a participant’s contribution to the protocol’s success
100,000,000 DROP tokens — the governance token of Drop Protocol — will be distributed to Droplets Program participants. Users can earn Droplets by liquid staking, using dAssets in ecosystem applications, and referring friends. When the program ends, Droplets holders will receive Drop tokens and become the first members of the Drop DAO.
The Drop community will play a pivotal role in the long-term success of the protocol and the networks it supports. As Drop decentralizes, Droplets will be used to ensure that the most long-term aligned community members lead the DAO and receive the highest rewards. DAO members will control how the protocol functions (e.g., design changes, assets supported, etc.) and how the Drop Treasury is managed.
The Droplets Program will kick off the day Drop launches. Let’s dive into how to earn Droplets, how the program and airdrop are structured, who is eligible to participate, and how to track your progress and explore opportunities once Drop goes live…
How to Earn Droplets💧
By design, the Droplets Program is simple to follow and easy to participate in. There are three ways to earn Droplets:
- Liquid Stake with Drop: Stake assets like ATOM and TIA to receive dAssets. Earn 1 Droplet per day for each dollar of dAssets you hold. dAssets are secure, liquid versions of staked positions, enabling users to earn auto-compounded staking rewards, exit their position without waiting weeks to unstake, and deploy their assets across DeFi to earn additional yield. Important note: Daily Droplets earned are based on the value of the asset on that day, not when the asset was first liquid staked.
- Use dAssets in the Drop Ecosystem: Multiply the Droplets you earn and generate additional DeFi rewards by using your dAssets in Drop ecosystem apps. Example: John deploys $10 of dATOM/ATOM liquidity into Astroport with a 5x multiplier for ten days, earning 500 Droplets plus any DeFi yield the DEX provides. This is 400 more than the 100 Droplets he’d gain by holding dATOM for 10 days.
- Refer Friends: Generate a unique referral code at droplets.drop.money (once it goes live), share your referral code with others, and earn 25% of the Droplets your referrals earn, plus 12.5% of the Droplets anyone your referral refers! These are bonuses and do not subtract from their earnings. Example: You refer Bob and he earns 100 Droplets. Bob refers Tina, who also earns 100 Droplets. You earn 25 Droplets from Bob and 12.5 Droplets from Tina. These are bonus Droplets and do not subtract from their earnings — Bob and Tina both still earn 100 Droplets each.
Collaborating with ecosystem partners to create flywheels that unlock frozen capital within the Interchain is central to Drop’s mission. As such, program participants who use their dAssets in Drop ecosystem apps will earn more Droplets through generous multipliers compared to those who only liquid stake.
Program Structure 🏗️
The Droplets Program is divided into Epochs, which are roughly 1–4 weeks long. Each Epoch introduces new opportunities to earn Droplets, which are additive, meaning Droplets are not reset between Epochs.
Rules and guidelines for new Epochs will not retroactively impact Droplets earned in previous Epochs, and new protocols and integrations can be introduced within Epochs.
Epoch One
The Droplets Program will last six months or until the DROP Token Generation Event (TGE) (whichever is sooner). Epoch One will begin on Drop’s launch day, with a focus on bootstrapping initial liquidity to support future DeFi use cases.
Multiply the Droplets you earn on your dAssets by:
- Providing liquidity on Astroport pools — 5–50x multiplier + potential trading fees and incentives: dATOM / NTRN (50x multiplier); dATOM / USDC (50x multiplier); dATOM / ATOM (5x multiplier)
- Depositing Astroport LP positions into Apollo auto-compounding vaults — 5–50x multiplier: dATOM / NTRN (50x multiplier); dATOM / USDC (50x multiplier); dATOM / ATOM (5x multiplier)
- Providing liquidity on Levana perpetual markets — 5–50x multiplier + potential trading fees: dATOM xLP (50x multiplier); dATOM LP (5x multiplier)
More opportunities will be available later during the first Epoch.
For chains and apps interested in participating in future Epochs to attract new users and capital, please reach out via DM on Twitter/X @dropdotmoney.
Airdrop Details 🪂
The Droplets Program is open to participants worldwide, outside of residents of the United States and other restricted areas. For a list of prohibited jurisdictions, please see Drop’s Terms and Conditions.
Participants in the Droplet Program will receive a DROP airdrop designed to kickstart DAO governance. The airdrop is geared toward long-term and power users of the protocol rather than airdrop farmers. Smaller Droplets holders will receive their full airdrop immediately upon distribution, while up to 50% of larger airdrops will vest linearly over six months. Tokens that are locked will retain full voting power in the Drop DAO while vesting, and the liquid portion of the airdrop will be transferable immediately upon receipt.
100,000,000 DROP (10% of the total token supply) will be distributed to Droplet holders as part of Droplets Program. All dAssets, including dATOM, dTIA, and any future dAssets listed on Drop, are eligible to receive Droplets from the day they launch. dATOM will be the first supported asset, with dTIA coming soon.
Track Your Progress & Explore Opportunities 🔎
The Droplets Program represents an exciting opportunity for those interested in getting involved in the Drop community early. The first Epoch will kick off on protocol launch day, so keep your eyes peeled for announcements.
Once things get rolling, users can visit droplets.drop.money to liquid stake, explore opportunities across the ecosystem, and track their Droplets in real-time.
Stay tuned, and happy earning!
Additional Resources ➕
Drop is on a mission to strengthen sovereign blockchain economies by transforming stagnant, frozen assets into flowing streams of opportunity. Learn more and join the Drop community with these additional resources:
