ThetaDrop
TDROP on ThetaDrop NFT market reward activities, providing ThetaDrop decentralized governance and rewarding stakers with TDROP token rewards. This is a new type of Theta built on the blockchain TNT-20 token, centered around the pioneering NFT liquidity mining concept. Each time users use TFUEL to purchase goods on ThetaDrop they receive TDROP tokens (at launch, only the secondary market will be available; the primary market and initial airdrop will be opened in an upcoming update); users can also earn these tokens through 3rd-party NFT decentralized applications built on the NFT market smart contracts. This can be understood as “mining”Theta NFT by providing liquidity to the TDROP market. This incentivizes early adopters of ThetaDrop to provide liquidity, thereby facilitating price discovery, increasing trading volume, and driving further user growth and adoption. Users holding a TDROP balance will receive ThetaDrop benefits, including early or exclusive access to non-fungible tokens, limited-edition sets, unique offline benefits, and more.VIP TDROP will also serve as the governance token for ThetaDrop and the NFT market. Holders can stake tokens to gain voting rights on proposed changes to TDROP The first ThetaDrop voting proposal is expected to concern the rate at which liquidity miners receive TDROP As the voting process advances and stabilizes,TDROP holders will be responsible for proposing new measures for a vote. These community proposals will also serve as a testbed for community governance functions; these functions will be implemented on the TDROP blockchain itself and voted on by Theta token holders.Theta
Overview
TDROP on ThetaDrop NFT market reward activities, providing ThetaDrop decentralized governance and rewarding stakers with TDROP token rewards. This is a new type of Theta built on the blockchain TNT-20 token, centered around the pioneering NFT liquidity mining concept. Each time users use TFUEL to purchase goods on ThetaDrop they receive TDROP tokens (at launch, only the secondary market will be available; the primary market and initial airdrop will be opened in an upcoming update); users can also earn these tokens through 3rd-party NFT decentralized applications built on the NFT market smart contracts. This can be understood as “mining”Theta NFT by providing liquidity to the TDROP market. This incentivizes early adopters of ThetaDrop to provide liquidity, thereby facilitating price discovery, increasing trading volume, and driving further user growth and adoption. Users holding a TDROP balance will receive ThetaDrop benefits, including early or exclusive access to non-fungible tokens, limited-edition sets, unique offline benefits, and more.VIP TDROP will also serve as the governance token for ThetaDrop and the NFT market. Holders can stake tokens to gain voting rights on proposed changes to TDROP The first ThetaDrop voting proposal is expected to concern the rate at which liquidity miners receive TDROP As the voting process advances and stabilizes,TDROP holders will be responsible for proposing new measures for a vote. These community proposals will also serve as a testbed for community governance functions; these functions will be implemented on the TDROP blockchain itself and voted on by Theta token holders.Theta