Welcome back to Alpha drop! My name is Ron. I'm an analyst at Box Mining, and today I'm going to give you guys some updates on Drop Protocol. So last week, Drop went live on the main net, and right now you can liquid stake Atom for the Atom. This is part of their Droplets program. 100 million Drop tokens will be airdropped to participants who earn Droplets by liquid staking using D assets in Dii.
So for Drop Protocol, they're going to be focusing on the Cosmos ecosystem, starting with Neutron. And in the previous video, they had 3,000 followers and now they are growing. Right now, they're at 5,000, but this is still relatively underfarmed. So there's a very good chance that this could turn out to be like Jeto, where less than 10,000 Solana liquid stakers were able to get four figures at least in airdrops.
After you finish liquid staking, you can go to Droplets on drop.money to check your Droplet's progress. For every dollar of D assets you have, you will generate one Droplet per day, and at the end of The Campaign, these will be converted to your Drop token airdrops. They will be refreshed every 24 hours. That is the fundamental way to earn those Drop tokens.
In terms of updates, this is very bullish because Drop is teaming up with Milky Way, who is the largest Celestia liquid staking protocol, to bring DTO staking to Initia. They also announced a collaboration with Superbolt NFT ecosystem, and they also announced a partnership with Atlas DA on Stargaze, bringing the Atom NFT use cases. Skip Protocol also added support for D Atom, so you can essentially trade your D Atom with other assets on different IBC chains. There's definitely a lot more to come.
Okay, guys, if you found this video helpful, please smash up the like button and subscribe to the channel. If you want to keep track of all the airdrops that we've been farming here on Alpha drop, you can check out our Google spreadsheet that we've made. For now, it's just a list of all the airdrops we talked about on this channel. We'll definitely add more, and we'll definitely add the ones that we've talked about on Box Mining Plus that are still going on right now.
Q: What is the update on Drop Protocol according to Box Mining analyst Ron?
A: The update is that Drop went live on the main net and participants can now liquid stake Atom for the Atom as part of their Droplets program. 100 million Drop tokens will be airdropped to participants who earn Droplets by liquid staking using D assets in Dii.
Q: What ecosystem is Drop Protocol focusing on?
A: Drop Protocol is focusing on the Cosmos ecosystem, starting with Neutron. They are growing their followers and have a good chance of success similar to Jeto in the Solana ecosystem.
Q: What is the strategy for liquid staking and airdrop details in Drop Protocol?
A: After liquid staking, participants can check Droplets progress on drop.money. For each dollar of D assets, one Droplet is generated per day which will be converted to Drop token airdrops at the end of the campaign. Droplets are refreshed every 24 hours.
Q: What are the expansion and partnership updates related to Drop Protocol?
A: Drop is teaming up with Milky Way for DTO staking in Initia. They also collaborated with Superbolt NFT ecosystem and Atlas DA on Stargaze bringing Atom NFT use cases. Skip Protocol added support for D Atom for trading with other assets on different IBC chains.
Q: How can individuals track airdrops and updates related to Drop Protocol?
A: Individuals can subscribe to the channel, like the video, and check out the Google spreadsheet created by Alpha drop to keep track of airdrops. The spreadsheet lists all airdrops discussed on the channel and ongoing ones on Box Mining Plus.
