Fidenza & Ringers collections got added to Drops Art Blocks pool

https://twitter.com/dropsnft/status/1631359863493197827

We’ve added the support of NFTX xTokens on Drops.

xPUNK, xMEEB, xWIZARD, xMILADY or xSQGL with up to 65% LTV.

Over 250 ETH is available for your degen needs.

https://twitter.com/dropsnft/status/1632811329957273600

1 more step towards lower DOP emissions.

We’ve updated lending pool contracts which now allow to disable rewards for borrowing.

Borrowing incentives have been set to 0.

Total emissions on lending pools have been reduced from 12,000 -> 7000 DOP/month.

Total DOP emissions now look as following:

DOP LP staking: 6000/mo

Lending pools: 7000/mo

veDOP: 18,000/mo

Total: 31,000 DOP/mo

We’re committed to reduce DOP inflation further.

By the end of March:

Launch of esDOP will further decrease sell pressure from lending pool incentives.

DOP LP incentives will be reduced and transferred to Bunni protocol that incentivizes Uni v3 pairs.

Drop your questions that will be answered tomorrow during Dropsmanship call

https://discord.com/channels/807268748112560138/1083429093862821910

Dropsmanship call starts in 7 minutes
https://discord.com/channels/807268748112560138/1073522794089955368

We're thrilled to share that the DOP/ETH gauge vote on Bunni has been successfully passed!

This means that our LP on Uniswap v3 will now be able to receive incentives with LIT tokens. Liquidity providers will be able to have higher APY and DOP emissions will be reduced.

We're excited about this development and look forward to sharing more updates with you soon.

DOP emissions are set to decrease even further.

A governance proposal has been approved on Bunni.pro to increase the rewards cap for DOP-WETH LP from 2% to 10%.

This means that more Bunni LIT tokens can be used for incentives, resulting in higher APRs.

The current DOP-WETH LP staking program on Drops is scheduled to close within the next two weeks.

Reducing monthly emissions by another 6000 DOP.

Soon emissions will look in the following way:

DOP LP staking: 0

Lending pools: 7000/mo

veDOP: 18,000/mo

Total: 25,000 DOP/mo

The first week of increased incentives on Bunni for DOP-ETH has begun.

APR starts from 94% and can be boosted up to 924% by locking acquiring veLIT.

To take advantage of these high yields, visit
https://bunni.pro/stake

Important Reminder
DOP-ETH incentives on Drops will be turned off on May 8th.

Introducing Positions Pool.
Liquidity layer to lever up on locked up LP tokens.

Like & comment “lunch is served” to win 200 DOP tomorrow
https://twitter.com/dropslabs/status/1696931263670624696

gOHM is listed on Drops Positions Pool
https://twitter.com/dropslabs/status/1699125584255668374

Like & comment “in it for the tech” to win 200 DOP

Gm,

DOP, veDOP and LP providers can claim Loomlay - $LAY token airdrop
loomlay.com/claim

Token holders snapshot was taken yesterday. veDOP & LPs in July.

Loomlay is a no-code AI agent builder
https://x.com/loomlayai

community
https://t.me/loomlay