In the world of DeFi, token developers typically lock their token's liquidity to ensure security and build confidence within their community. However, many tokens become inactive or "die" long before the liquidity unlock date, leaving millions of dollars stuck in unused assets. The DROPS Marketplace offers a solution by creating a decentralized platform for buying and selling locked liquidity, benefiting both parties and boosting the DeFi economy.
By allowing the trade of previously non-tradable assets, DROPS accelerates the circulation of locked capital, stimulating the DeFi sector. Token developers can now list their locked liquidity at discounted rates on the DROPS Marketplace, enabling them to access their funds more quickly than ever before.
Buyers of locked liquidity also profit from this system, as they can purchase assets at reduced prices and receive a guaranteed return on investment upon unlock. The $DROPS Token serves as the primary currency on the platform, used for trading locked liquidity. Liquidity can also be bought and sold using $ETH, with a 10% brokerage fee applied in such cases.
A portion of token trading fees and all ETH brokerage fees go towards benefiting $DROPS token holders. The collected revenue is distributed among UNI V2 LP Providers, $DROPS Token Holders with over 50,000 $DROPS, regular $DROPS Token Holders, and through the burning of tokens. This deflationary mechanism ensures consistent value growth for $DROPS holders.
Visit the DROPS website for more information and access to the marketplace.
