Lido Alliance launches the liquidity staking protocol Drop, allocating 10% of the total supply of DROP to the staking rewards pool.

Foresight News reported that the Lido Alliance has announced the launch of Drop, a liquidity staking protocol designed specifically for Interchain assets. Built on Neutron, Drop enables users to stake their Interchain assets and receive dAssets in return. Currently, it supports liquidity staking for $ATOM and plans to soon add support for TIA.