Drop is a secure liquid staking protocol focused on strengthening the economic viability of Interchain economies by transforming stagnant, frozen assets into flowing streams of opportunity. Built as an Integrated Application on Neutron, Drop's smart contract architecture leverages the Inter-Blockchain Communication (IBC) protocol and Neutron's Interchain Transactions (ICTX) and Interchain Queries (ICQ) modules, enabling the protocol to provide trust-minimized liquid staking services and scale with minimal additional overhead and risk.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
10/17/24 | $4,000,000 | Seed |
Anagram CMS Holdings CoinFund Cosmostation Interop Ventures Jon Kol Mustafa Al-Bassam Vasiliy Shapovalov | undisclosed |