Drop is a digital token which powers every aspect of the Dex system. It is the currency that the Dropil Dex system uses for investment and storage of your funds.
Sending Drop tokens to another compatible wallet is quick and easy thanks to the Ethereum blockchain.
Drop tokens are secure, transactions are publicly recorded and trackable using tools like Etherscan.
The Drop token is a digital asset administered by a smart contract on the Ethereum blockchain. Learn more about ERC20 tokens.
The total supply of Drops is fixed to prevent deflation, and increase the price of the coin as adoption and demand rise.
How are Drop Tokens Used?
Droplet Wallet + Max
Drops will power many of the breakthrough smart features of our wallet including a dedicated assistant bot - Max.
Holding & Trading
As more people use Dropil, Drops will become available on more exchanges. All customers are free to cash out their Drops at partner exchanges into whatever currency suits them.
All 30 Billion Drop tokens that will ever exist were created in the Token Event on 10th January 2018. No more tokens will ever be created.
50% of Drops were available to purchase during the ICO. Coins that were not sold during the ICO (3 Billion) were distributed along with matching 3 Billion of the founder’s cut tokens.
In addition, there is a lock on 50% of founder token supply in effect.
- 1 year 40%
- 2 years 40%
- 3 years 10%
- 4 years 10%
Sold and distributed during ICO
Learn more about Dropil
Read our WhitePaper and check out the Roadmap