Less than 2 hours to go until our Twitter Spaces on "The Storm"! ⏰️
Set a reminder and tune in today at 6:00 PM ET! https://twitter.com/dropsnft/status/1552737208519610373?t=NHJz4lR_pZjZEQ3G8LtuWw&s=19
Set a reminder and tune in today at 6:00 PM ET! https://twitter.com/dropsnft/status/1552737208519610373?t=NHJz4lR_pZjZEQ3G8LtuWw&s=19
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It's Friday again! This week's version of our newsletter is definitely something you won't want to miss:fire:
https://dropsdao.substack.com/p/drops-dao-weekly-newsletter-july-471?r=nooww&s=w&utm_campaign=post&utm_medium=web
Here's what's inside:
-"The Storm" Twitter Spaces
- 2nd Dropping Alpha Twitter Spaces
-The Sandbox LANDS collection listing
-Lending pool stats
-Product dev updates
-NFT market stats
-Exciting NFT news
-Drops meme of the week
https://dropsdao.substack.com/p/drops-dao-weekly-newsletter-july-471?r=nooww&s=w&utm_campaign=post&utm_medium=web
Here's what's inside:
-"The Storm" Twitter Spaces
- 2nd Dropping Alpha Twitter Spaces
-The Sandbox LANDS collection listing
-Lending pool stats
-Product dev updates
-NFT market stats
-Exciting NFT news
-Drops meme of the week
DROPS
Drops DAO Weekly Newsletter: July 23 - 29
The crypto markets are picking up steam as we end the month of July! Overall sentiment is picking up and we can’t help but feel the vibes echoing across the NFT space. Here’s a quick recap of the major highlights this week: An exclusive Twitter Spaces on…
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The storm is officially live ⛈
Help contribute to unlocking the first puzzle by retweeting this tweet, once it reaches 50 retweets the first puzzle will be revealed!
https://twitter.com/dropsnft/status/1554150171856015360?s=20&t=kvLD4V0ecwEtbS8TwbRy6Q
Help contribute to unlocking the first puzzle by retweeting this tweet, once it reaches 50 retweets the first puzzle will be revealed!
https://twitter.com/dropsnft/status/1554150171856015360?s=20&t=kvLD4V0ecwEtbS8TwbRy6Q
Twitter
1/ Calling all #DropsStorm groups! Are you ready for the next monthly challenge for "The Storm"? Introducing our Meme Puzzle competition 🔥
The competition starts today and will end on Friday, August 12th! 📅
All rules are below 🧵
The competition starts today and will end on Friday, August 12th! 📅
All rules are below 🧵
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New proposal to list Clone X and Meebits on Ocean pool is live!
Voting ends on 2nd of August at 7pm EST / 11pm UTC
Cast your votes now
https://snapshot.org/#/dropsdao.eth/proposal/0xdc92cbbcebfbd3c8bf49c94db8b89d1a638fec90a84a39b06b1b1e0f0b849353
Voting ends on 2nd of August at 7pm EST / 11pm UTC
Cast your votes now
https://snapshot.org/#/dropsdao.eth/proposal/0xdc92cbbcebfbd3c8bf49c94db8b89d1a638fec90a84a39b06b1b1e0f0b849353
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The storm puzzle #1 has concluded ⛈
Help contribute to unlocking the second puzzle by retweeting this tweet! Once the tweet reaches 50 retweets the second puzzle will be revealed!
https://twitter.com/dropsnft/status/1554579591389495301?s=20&t=F_67P4X_QGExqVfNGQDX4w
Help contribute to unlocking the second puzzle by retweeting this tweet! Once the tweet reaches 50 retweets the second puzzle will be revealed!
https://twitter.com/dropsnft/status/1554579591389495301?s=20&t=F_67P4X_QGExqVfNGQDX4w
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The storm puzzle #2 has officially been revealed! ⛈
Feel free to give it your all in this new puzzle 🧩 #DropsStorm
https://twitter.com/dropsnft/status/1554875141070413828?s=21&t=SIkQqt2salluJ6bUJkLGTw
Feel free to give it your all in this new puzzle 🧩 #DropsStorm
https://twitter.com/dropsnft/status/1554875141070413828?s=21&t=SIkQqt2salluJ6bUJkLGTw
X (formerly Twitter)
Drops (@dropslabs) on X
🌩️The second storm puzzle is officially among us! Keep your eyes pealed for a secret code hidden within this challenge! 🌩️https://t.co/i7cl03Sw3y
We've added Meebits collections to DROPS! https://twitter.com/dropsnft/status/1555707545301487616
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AND CloneX meaning both are now live for instant NFT Loans!
https://twitter.com/dropsnft/status/1555707551240552448
https://twitter.com/dropsnft/status/1555707551240552448
Twitter
AND CloneX @RTFKT meaning both are now live for instant NFT Loans!
If you own either of these collections, now is the time to try out DROPS DAO!
See for yourself here:
https://t.co/PnBnt8eCKn
If you own either of these collections, now is the time to try out DROPS DAO!
See for yourself here:
https://t.co/PnBnt8eCKn
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GoblinTown collections being ᵤᵈₑddidi sunᵉ ! More updates and NFT news in our latest newsletter https://dropsnfts.substack.com/p/drops-dao-weekly-newsletter-july
Drops
Drops DAO Weekly Newsletter: July 16 - 22
Newsletter This last week in the NFT markets gave us some positive news, with luxury giants Tiffany and Gucci moving into the world of NFTs. The city of Miami announced they will be releasing an NFT collection and Instagram opened their NFT integration to…
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Give it your all in puzzle #3 & #4 🌩 Puzzle #3 is not just any ordinary puzzle, once solved it will lead you to a spot the difference challenge! https://twitter.com/dropsnft/status/1556741506567966721?s=20&t=_RDt-ZUbfRSLxeDzk01OZA
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New Proposal to list Goblintown collection on DROPS DAO Lake pool. Cast your vote now!
https://snapshot.org/#/dropsdao.eth/proposal/0x265fbd1ed79fd4be78412b1728c8945f50a52a6bd88c09118ed6078f9b4613f1
https://snapshot.org/#/dropsdao.eth/proposal/0x265fbd1ed79fd4be78412b1728c8945f50a52a6bd88c09118ed6078f9b4613f1
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Join us in two hours for this week’s twitter space alpha drops episode where we will be joined by @RoscoKails the creator of @RevokeCash & @0xsmoky from @gotbit_io to discuss revoke cash, generative art, and more!
https://twitter.com/i/spaces/1yoKMWoNmydJQ
https://twitter.com/i/spaces/1yoKMWoNmydJQ
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Drops Newsletter is here! Hot issues in recent NFT News include privacy and OpenSea updates to their stolen NFTs policy. Our team progresses on new collections and more: https://dropsdao.substack.com/p/drops-dao-newsletter-aug-1-12th
DROPS
Drops DAO Newsletter: Aug 1 - 12th
It’s been another great series of developments for the NFT world. The crypto markets are posting strong performance again and global adoption is accelerating. More global brands are entering the Web3 space than ever before, with Starbucks CEO Howard Schultz…
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This week's DROPS DAO newsletter has arrived. :) https://dropsnfts.substack.com/p/drops-dao-weekly-newsletter
Drops
DROPS DAO Weekly Newsletter
Despite the end of week drop in Crypto and NFT markets, there has been much news to remain bullish on in the world of NFTs. NFT News Highlights of the Week PlayNFT brings NFTs to Twitch and YouTube streamers PlayNFT, has announced a brand new NFT marketplace…
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An inspiring story for us in these markets... 👌🏻😎🙏🏻 . Let DROPS DAO unlock your liquidity! https://twitter.com/dropsnft/status/1563194689213280262
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A week of blue-chip NFT recovery, PudgyPenguin sales soar + DROPS DAO addresses the hot topic of NFT liquidations: https://dropsnfts.substack.com/p/drops-dao-newsletter-aug-13th-19th
Drops
Drops DAO Newsletter: Aug 13th - 19th
Despite market conditions we saw an improvement this week in blue-chip NFT sales: Source: https://cryptoslam.io/ Over at DROPS DAO we responded to the weekly discussions on NFT loan liquidations and how to approach this: We also hosted a Twitter spaces covering…
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DROPS DAO Twitter spaces now LIVE: Join us on Twitter right now for another spaces: https://twitter.com/i/spaces/1MnxnpYzzkVGO/peek
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Weekly newsletter is out! https://dropsnfts.substack.com/p/drops-newsletter
Drops
DROPS NEWSLETTER
Aug 27th - Sep 02nd
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[DIP-1] Upgrade NFT liquidation process.
Vote is live.
TL;DR
- When single NFT is supplied as collateral debt needs to reach 90% of NFT's value to be liquidated.
- Multi collateral loans don't have this issue.
- There are 2 loans totalling 66 ETH that can't be liquidated because their debt didn't reach 90% of collateral value.
- Proposal:
Upgrade liquidation mechanism where NFT can be always liquidated once borrow limit gets exceeded.
Vote here:
https://snapshot.org/#/dropsdao.eth/proposal/0xb96dc69a7ae35127e6d107a9cff95be31423708e4e43f010776e558c9d8022bc
More information:
https://dropsnft.medium.com/dip-1-nft-liquidation-process-improvement-proposal-b574987e62d6
Vote is live.
TL;DR
- When single NFT is supplied as collateral debt needs to reach 90% of NFT's value to be liquidated.
- Multi collateral loans don't have this issue.
- There are 2 loans totalling 66 ETH that can't be liquidated because their debt didn't reach 90% of collateral value.
- Proposal:
Upgrade liquidation mechanism where NFT can be always liquidated once borrow limit gets exceeded.
Vote here:
https://snapshot.org/#/dropsdao.eth/proposal/0xb96dc69a7ae35127e6d107a9cff95be31423708e4e43f010776e558c9d8022bc
More information:
https://dropsnft.medium.com/dip-1-nft-liquidation-process-improvement-proposal-b574987e62d6
Medium
[DIP-1] upgrade NFT liquidation process
The need for better liquidation incentives
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Liquidations contract has been successfully upgraded.
Refer to docs to learn more how liquidations work:
https://docs.drops.co/lending-pools/liquidations
Refer to docs to learn more how liquidations work:
https://docs.drops.co/lending-pools/liquidations
docs.drops.co
Liquidations
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