thetadrop logo download PNG or SVG

Information about thetadrop

TDROP is a cryptocurrency that rewards user activity on the ThetaDrop NFT Marketplace and offers decentralized governance for ThetaDrop. By staking TDROP tokens, users can receive rewards and participate in the decision-making process. As a TNT-20 token on the Theta blockchain, TDROP introduces the concept of NFT Liquidity Mining. Users can earn TDROP by making purchases with TFUEL on ThetaDrop or through third-party NFT Dapps using the marketplace smart contract. By providing liquidity to the Theta NFT Marketplace, users can effectively "mine" TDROP tokens. This encourages early adopters to contribute liquidity, leading to improved price discovery, trading volumes, and user adoption. Holding TDROP also grants users VIP benefits such as exclusive NFT access, limited edition packs, and offline perks. Additionally, TDROP acts as the governance token for ThetaDrop and the NFT Marketplace. TDROP holders have voting rights and can propose changes to the platform. The first vote is expected to address the earning rate of TDROP for liquidity miners, and future proposals will be created and voted on by the community. These proposals will also serve as a testing ground for community governance features on the Theta blockchain, which will be voted on by Theta token holders.

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