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The current real-time price of DROPS is $0.0014. In the past 24 hours, DROPS has traded between $0.0014 and $0.0014, showing strong market activity. The all-time high of DROPS is $1.54, and the all-time low is $0.0014.
From a short-term perspective, the price change of DROPS over the past 1 hour is , over the past 24 hours is -1.94%, and over the past 7 days is --. These figures provide a quick overview of the latest price trends and market dynamics of DROPS on LBank.-1.12%
The live price of DROPS today is $0.0014, with a current market cap of $0. The 24-hour trading volume is 1.34. The price of DROPS to USD is updated in real time.
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Before deciding whether to buy or sell DROPS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DROPS technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DROPS.
How much will DROPS be worth tomorrow, next week, or next month in ? What about your DROPS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DROPS Price Prediction
To learn more about DROPS, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x9f85...aafa4a  | 6.852M | 70.27% |
ethereum | 0x59b2...bfc339 | 152.333K | 1.56% |
ethereum | 0xbbdc...8ce8b8 | 78,454.99 | 0.8% |
ethereum | 0x1d44...3bb56a | 71,130 | 0.73% |
ethereum | 0x8658...015417 | 70,241 | 0.72% |
Other | 2.526M | 25.91% |
Drops DAO is an end-to-end blockchain platform designed to maximize the value of Non-Fungible Tokens (NFTs) by improving their liquidity and utility. It achieves this by allowing users to collateralize their NFTs for loans and earn yield. The platform operates on Polygon, an Ethereum-based layer-2 scaling protocol, integrating NFTs with Decentralized Finance (DeFi) mechanisms.
Drops DAO functions by enabling users to convert NFTs into fungible ERC-20 tokens, which can then be utilized within liquidity pools. The platform also facilitates borrowing against NFTs and offers staking opportunities for Liquid Provider (LP) tokens to earn additional rewards. Its core mechanism is to provide DeFi-style infrastructure, integrating financial primitives with NFTs to unlock their potential.
Drops DAO addresses the significant challenges of immobility and illiquidity commonly associated with Non-Fungible Tokens (NFTs). By providing a platform where NFT owners can collateralize their digital assets for loans or utilize them in DeFi protocols, Drops enables users to monetize their NFTs without needing to sell them. The project's primary goal is to seamlessly merge elements of Decentralized Finance (DeFi) with the NFT ecosystem, thereby enhancing the functional value and accessibility of these unique digital assets.
The $DOP token is the native utility token specifically designed for the Drops platform. It serves as the foundational digital asset that powers various operations and interactions within the Drops DAO ecosystem, supporting its overarching goal of integrating Non-Fungible Tokens (NFTs) with Decentralized Finance (DeFi) mechanisms. As the proprietary token, $DOP is central to the platform's functionality and user engagement.
The $DOP token offers multifaceted utility within the Drops DAO ecosystem. Holders can participate in governance, influencing platform parameters like collateralization ratios and the inclusion of new token classes; locking $DOP can amplify voting power. It's also used for rewards, including yield-farming incentives and cashback for specific platform purchases. Furthermore, users can stake $DOP to accrue dPoints or veDOP tokens, unlocking additional benefits and engagement opportunities.
The total maximum supply of the $DOP token, the native utility token for the Drops platform, is capped at a fixed amount. There will never be more than 15,000,000 $DOP tokens in existence. This hard cap ensures scarcity and provides clarity regarding the token's distribution and future availability within the Drops DAO ecosystem.
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