According to BlockBeats, on September 12, according to official news, the Lido Alliance announced the launch of Drop, a liquidity staking protocol designed specifically for Interchain assets. Drop is built on Neutron, allowing users to stake their Interchain assets and receive dAssets in return. It currently supports ATOM liquidity staking and plans to add support for TIA soon.
According to Drop’s token economic model, it will allocate 10% (100 million) of liquid pledged asset rewards to a dedicated pool. After the launch of the DROP token, DROP DAO will decide how to use it, which may include allocating rewards to DROP stakers or creating an insurance fund.
