Drops Weekly Digest. July 12th — July 18th.

Drops DAO
2 min readJul 19, 2021


Major Highlights:

Last week has been exciting with the launch of Loans mainnet, we’re close to 1m in Total Value Locked.


  • Drops X Enjin - to enable staking and borrowing by Drops users against Enjin-powered non-fungible tokens (NFTs) and in-game assets.
  • Drops X Chainlink
    Drops has integrated Chainlink Price Feeds on Ethereum mainnet to support our NFT-focused DeFi ecosystem.

Development Update:

  • Working on Loans UI issues which will be updated this week.
    - Fixing APY calculation
    - Adjusting borrowing limit design
  • veDOP interface 97%
    Getting closer to launch, had to implement design changes which slightly delayed launch.
  • Adding new token to market 50%
    Can you guess what it is?
    Hint: L2
  • NFT Lending Pools 5%
    Working on system design and how the initial MVP will look like.
  • Non-chainlink markets 20%
    Working on isolated lending market where we will list NFT related tokens that are not eligible for Chainlink oracle (think fractions and low-mid cap projects).
  • Loans stats 5%
    Preparing design and scope of work to display each loans market statistics like total borrowed, reserve amount, collateral factors etc.

Marketing Activities: