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Cosmos Ecosystem Liquidity Staking Protocol Drop to Cease Operations
BlockBeats News, November 14th, the Cosmos ecosystem liquidity staking protocol Drop announced that it will orderly shut down its operations. The issuance of the DROP token will not proceed, and the airdrop related to the Droplets program will also be canceled. Drop is exploring the possibility of allocating protocol revenue to Droplets program participants as a way to return value to contributors.
On the asset management front, dTIA and deINIT will begin to be gradually offboarded, with withdrawal functionality remaining open; dATOM and dNTRN will continue to receive support. Drop is in discussions with potential partners to explore the possibility of keeping these two assets operational.
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