Lido Alliance application: Drop

📡 Protocol
Our Vote
Type of Vote

As DeFi activities centered around LST expand beyond the Ethereum mainnet, partnerships like this, which address cross-chain compatibility, help meet the growing needs of LST-based DeFi activities. Therefore, we vote in favor of this proposal.

Vote Date
June 4, 2024

Drop, a cross-chain liquid staking protocol, enables staking across multiple blockchains while keeping staked assets liquid. In this proposal, 10% of their total token supply is offered to the Lido Alliance in exchange for support in growth and liquidity bootstrapping.