Drops Announcements
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veDOP update
If you locked before May 26, first rewards are available to claim. To estimate claim amount, multiply your veDOP share by 5352 DOP (this is because first epoch started before contract was deployed)

UI estimating your rewards amount is planned to launch next week.

Next 4500 DOP distribution will happen on June 9, 00:00 UTC

We’ve updated docs how veDOP rewards accrue.
To understand how it works, please reffer to
https://docs.drops.co/vedop/emissions-distribution
The CyberBrokers NFT lending pool is now available on Drops!

Lending pool link: drops.co/lending/pool/2

Learn more:
https://twitter.com/dropsnft/status/1533860383823470593?s=20&t=-H5i-aDcc6y_dCCGcrOW1Q
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🔥🔥🔥 There are plenty of things to be excited about in this week's Drops DAO Newsletter! https://dropsdao.substack.com/p/drops-dao-weekly-newsletter-june?sd=pf

Here's a small flavor of what's inside:
-Key highlights and items coming soon
-Lending pool and $veDOP stats
-Production/dev updates
-NFT market stats
-Trendy NFT news
-Drops meme of the week
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A new Snapshot forum proposal for DOP rewards allocations for NFT lending pools is now live

veDOP holders can vote to influence the allocation of 10,500 DOP in weekly rewards 🗳

New emissions will be distributed proportionally to voting weights. Votes can be casted to more than 1 pool.

Vote now:
https://snapshot.org/#/dropsdao.eth/proposal/0xcd05a123b5ec0b5a00565690fcfe2834a77078253129160e7ccddcd931d165c7
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Reminder - a new proposal to list The Sandbox LAND NFT collection on Drops is live on Snapshot!

veDOP holders can now participate - voting ends Thursday, July 7 at 8:00 AM UTC time

Vote now: https://snapshot.org/#/dropsdao.eth/proposal/0x157ca4a2aa0b8598c721675e3d6c23931e105a2b0d41d00083e9e69b24f172a0
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Make sure to tune into the upcoming Drops NFT NYC 2022 AMA tonight (July 7) at 7:00 PM ET, an exclusive Twitter space joined by BAYC holders! 🔥

Twitter spaces link: https://twitter.com/i/spaces/1lPKqmmWwyQKb?s=20

https://twitter.com/dropsnft/status/1545132295060865025?s=20&t=KMRO0cWlAVnQFyGhH-wpYw
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July's kicked off with a bang with this week's edition of our newsletter! https://dropsdao.substack.com/p/drops-dao-weekly-newsletter-july

Here's what you can expect:
-NFT NYC 2022 Twitter spaces w/ BAYC holders
-New NFT collection listing process
-The Sandbox LAND vote result
-Lending pool stats
-Product dev updates
-NFT market stats
-Key NFT news
-Drops meme of the week
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We're excited to announce our newest mega-campaign: The Storm!

This will be a series of exciting and fun challenges & competitions to bring the Drops community closer together.

Learn more about the details and how to enter here: https://twitter.com/dropsnft/status/1547627505984581636
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Say hello to the latest edition of our weekly newsletter! Kick back and enjoy what we've got in store: https://dropsdao.substack.com/p/drops-dao-weekly-newsletter-july-4aa

Here's what we're covering:
-NFT Mortgages update
-"The Storm" campaign launch
-Goblin Sax podcast
-Lending pool stats
-Product dev updates
-NFT market stats
-Trendy NFT news
-Drops meme of the week
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We’re looking to diversify Drops DAO treasury through DOP bonds sale to fund operational expenses and further protocol growth.

Use of proceeds would include:
- Providing liquidity to lending pools
- Audits
- Marketing campaigns
- Development payroll

Bond proposal:
- 14 day average price with 20% discount
- 1 month linear vesting

If you would like to get whitelisted for the bond sale, please fill the form below:

https://forms.gle/J4aFtLooQ6L9HCoP7
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