Drops Announcements
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Past 2 week’s veDOP rewards have been sent directly to wallets.
5% bonus has been added
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We've launched governance forum on Discord.

It will be used to coordinate protocol and token related decisions.

Please voice your opinion in the first proposal that is related to

Creation of Protocol Risk Management Task Force - Dope Wizards.
More details can be found in a thread below

https://discord.com/channels/807268748112560138/1027674628539285625
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Friday Newsletter is here! Keep HODLING frens. The awaited overhaul of DROPS DAO is just around the corner... https://dropsnfts.substack.com/p/drops-dao-newsletter-8d0
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New Governance Proposal is live 📞🗳

DIP-2 Create Protocol Risk Management Task Force

https://snapshot.org/#/dropsdao.eth/proposal/0xa41b279f667e85fe34e9c5be387012e477021f3462d0e326f889f01ce485c365

TL;DR
DOP emission incentives are misaligned and not effective.

Active emissions and risk management is needed without having to go through governance overhead.

Protocol risk management task force needs to be created - Dope Wizards.

Wizards can actively implement changes related to emissions and protocol risk without having to pass Snapshot vote.

Community can veto and revert changes at any time by creating Snapshot proposal.
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We invite everyone to apply to join DOP Wizards - Risk management task force.

Responsibilities:
- Track APRs and propose emissions
- Make adjustments to interest rate curves
- Adjust protocol risk parameters

https://forms.gle/a26aXN5kRtUqjn3L6
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Head on down to SweepMax! The newest and greatest NFT place for discount shopping 🛍️

https://twitter.com/dropsnft/status/1591022126068158464?t=3MBJjSy73KPeMY5MJxc1yQ&s=19
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Poker Tournament is here! Join us below deck for DOP prizes and more...

https://twitter.com/dropsnft/status/1592171265779171329?t=T81EeoD9uFzqdS2vk65NtA&s=19
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Join our poker tournament this Sunday! DOP and NFT Prizes. Do you think you have what it takes? The rest of the Dropsmanship crew will be waiting for you below deck. Sign up here: https://forms.gle/FidyuyDejsDZjrop8
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Proposal DIP-3 has been passed 🔥
A new Cartel Pool for Yuga assets will be deployed soon.

Those participating in governance can now mint a free NFT on Polygon:

https://galxe.com/DropsDAO/campaign/GCBzoUwqEG
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We're helping NFT holders unlock liquidity. 20 WOW backed loans on the DropsDAO platform right now.
https://twitter.com/dropsnft/status/1592885682833440773?t=gSqsbfpoHz3ZeOw1lQLdEQ&s=19
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Poker Tournament Emails have just been sent to the GMT + 8 category. Your game time tonight is 8pm GMT+8 time, please read the email just sent for further details and wait for game link later in the Drops DAO Discord under 'Poker channel'.
1st Drops poker tournament has concluded, we had 42 participants and loads of fun.

We congratulate top 20 players which can be found here.
https://www.pokernow.club/mtt/drops-dao-tournament-4CXLuVcUG1

Those that submitted their wallet address before will receive DOP prizes. If you didn’t submit your wallet in google form, you will be eligible for prizes in the next tournament.

Prizes will be sent in the upcoming days.

Everyone can that participated can also mint this OG Poker NFT on Polygon.
https://galxe.com/DropsDAO/campaign/GCbqYUw4hQ

WHAT’S NEXT?

Due to high demand from players that reside on multiple parts of the globe, we’ve decided to divide poker games into 2 leagues, East and West.

2 separate tournaments will be played next Sunday, Nov 27

Eastern League 9 am UTC / 5 pm UTC +8 / 10 am CET
Western League 5 pm UTC / 12 pm EST / 6 pm CET

To participate in the next tournament, fill in the form below and choose your league. Note that participation is limited to 1 league only.

Players that didn’t fill the form will not be eligible for prizes in the upcoming games.

https://forms.gle/ZkBZN8weyEjXx5cf9
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