According to the official announcement, the Cosmos ecological liquidity staking agreement Drop has announced that it will cease operations in an orderly manner, and the agreement will be launched in 2024.
Drop said that given the current direction of the ecosystem and broader market conditions, the protocol has been unable to find a sustainable development path. At the same time, the DROP token offering will not proceed and airdrops related to the Droplets program will be cancelled. Drop is exploring the possibility of distributing protocol revenue to Droplets program participants as a way to return value to contributors.
In terms of asset management, dTIA and deINIT will begin to gradually go offline, and the extraction function will remain open; dATOM and dNTRN will continue to receive support, and Drop is discussing with potential partners the possibility of keeping these two assets running.
Cosmos' ecological liquidity staking protocol Drop has announced that it will cease operations, cancel token offerings and airdrops
2025-11-14 01:42:12
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