TheDinarian
News • Business • Investing & Finance
The Importance Of TDROP On The Theta Network
February 06, 2023
post photo preview

The TDROP token incentivizes activity on the ThetaDrop NFT Marketplace and provides decentralized governance. As a TNT-20 token built on the Theta blockchain, it operates under the concept of NFT Liquidity Mining. Users can earn TDROP by making purchases with TFUEL on ThetaDrop or through third-party NFT Dapps built on the marketplace's smart contract. This encourages early adopters to provide liquidity, leading to improved price discovery, higher trading volumes, and increased user growth.

TDROP provides three main benefits at launch with more to come, including VIP perks like early access and exclusive drops, staking rewards, and governance rights on ThetaDrop proposal changes. A full explanation of the Theta Ecosystem and TDROP can be found in the white paper.

VIP Benefits

The VIP benefits for TDROP holders are divided into three tiers: Bronze (100k TDROP), Silver (1m TDROP), and Gold (10m TDROP).

Bronze Tier offers:

  • VIP airdrops of NFTs, TDROP, and other tokens
  • Lower withdrawal fees and faster withdrawal times (coming soon)
  • A VIP Badge to differentiate your profile on ThetaDrop

Silver Tier includes all Bronze Tier benefits, plus:

  • Early access to new NFT drops on ThetaDrop

Gold Tier includes all Bronze and Silver Tier benefits, as well as:

  • Exclusive access to certain NFT drops through TDROP Gold Tier
  • NFTs listed on the ThetaDrop secondary market will be highlighted and sorted to the top of marketplace lists (coming soon)

TDROP utility is expected to expand beyond these benefits as ThetaDrop grows. Access to each tier is based on the average balance of TDROP held on ThetaDrop over the past 30 days, and the required amounts for each tier may be adjusted due to TDROP price fluctuations. TDROP deposited in ThetaDrop can be withdrawn at any time.

Staking/Unstaking TDROP

Staking TDROP is simple and can be done from the Theta Web Wallet or Mobile Wallet or browser extention wallet without the need for a Guardian Node or Edge Node. Here's how:

  1. Log in to your Theta Wallet on the web, mobile or browser extention.
  2. Go to the "Stakes" section to see your staked tokens, including TDROP, and your TDROP voting power and earnings.

  1. To stake TDROP, click "Deposit Stake," select TDROP from the dropdown menu, enter the amount of TDROP you want to stake, then confirm the transaction.

  1. Your staked TDROP and estimated earnings will now be shown, along with your voting power.

  1. To unstake TDROP, click "Withdraw Stake," select TDROP, enter the percentage of TDROP you want to unstake, and it will be returned to your Theta Wallet (0% to 100%).

Note that there is no minimum or maximum amount to stake and staked TDROP can be withdrawn at any time without restriction.

TDROP As A Governance Token

TDROP is not just a token reward for activity on ThetaDrop, it is also the governance token for the platform. By staking TDROP, users gain voting rights for proposals to change ThetaDrop. The voting power is based on the proportion of staked TDROP relative to the total staked TDROP. The first TDROP governance proposal, regarding TDROP earning rates for liquidity miners, has already been put up for vote.

As the governance process advances, TDROP holders will be able to initiate proposals and vote on them, which is expected to occur quarterly. Similar to popular DeFi platforms like Compound and Uniswap, TDROP governance voting will be conducted on-chain through smart contract calls. These community proposals will serve as a trial for the community governance features that will later be implemented on the Theta blockchain, to be voted on by THETA token holders.

Conclusion

In conclusion, the TDROP token plays a crucial role in the ThetaDrop NFT Marketplace by rewarding activity, providing decentralized governance, and incentivizing stakers. With its unique concept of NFT Liquidity Mining, TDROP tokens can be earned by making purchases or providing liquidity to the marketplace. TDROP holders also have the added benefits of VIP access, staking rewards, and governance rights. The staking process is simple and can be done from the Theta Web Wallet, Mobile Wallet or Browser Extension Wallet without the need for a specific node. TDROP also serves as the governance token for ThetaDrop, allowing holders to vote on proposed changes and shape the future of the platform. With its expanding utilities and on-chain governance mechanism, TDROP is a promising token for those looking to participate in the growing NFT market and contribute to the growth and success of the ThetaDrop marketplace.

 

community logo
Join the TheDinarian Community
To read more articles like this, sign up and join my community today
0
What else you may like…
Videos
Podcasts
Posts
Articles
September 01, 2025
PYTH NETWORK: The pursuit of transparency 🦅
00:00:09
September 01, 2025
True Story😉

RLUSD adoption will increase demand for XRP. On-Demand Liquidity allows XRP to move large tokenized assets efficiently, bridging digital and traditional finance and supporting global liquidity.

Ever notice how TV shows drop subliminal messages that reveal the story without telling you? The same thing is happening in finance. RLUSD is quietly stepping in to buy US bonds and absorb debt. XRP handles the settlements. Connect the dots, this is the blueprint for global liquidity.

OP: Blackswancapitalist

00:02:25
September 01, 2025
🚀 USDC & CCTP V2 SET TO LAUNCH ON XDC NETWORK 🚀

Circle’s USDC and CCTP V2 are officially launching soon on the XDC Network, marking a major leap forward in digital settlement, trade finance, and asset tokenization. This integration positions XDC as a global leader—bridging the gap between blockchain and traditional financial infrastructure.

🔑 Key Drivers Behind USDC + CCTP V2 Integration with XDC

  • Trusted, Fully-Reserved Stablecoin: USDC, with over $68B+ in market capitalization, arrives on XDC as a fully-regulated and reserved digital dollar, unlocking fast, low-cost settlement for DeFi, institutional payments, and real-world asset (RWA) trading.

  • Cross-Chain Liquidity & Capital Efficiency: Circle’s Cross-Chain Transfer Protocol V2 (CCTP V2) enables native USDC transfers across supported blockchains—using burn-and-mint mechanisms for seamless movement, no reliance on bridges or wrapped tokens, and full capital efficiency.

  • Scalable & Secure Infrastructure: The XDC Network features near-instant transaction ...

00:00:14
👉 Coinbase just launched an AI agent for Crypto Trading

Custom AI assistants that print money in your sleep? 🔜

The future of Crypto x AI is about to go crazy.

👉 Here’s what you need to know:

💠 'Based Agent' enables creation of custom AI agents
💠 Users set up personalized agents in < 3 minutes
💠 Equipped w/ crypto wallet and on-chain functions
💠 Capable of completing trades, swaps, and staking
💠 Integrates with Coinbase’s SDK, OpenAI, & Replit

👉 What this means for the future of Crypto:

1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto 👉txns done by AI agents by 2025

🚨 I personally wouldn't bet against Brian Armstrong and Jesse Pollak.

👉 Coinbase just launched an AI agent for Crypto Trading
Theta Edgecloud 🚀

(((What EdgeCloud Actually Offers)))

Distributed GPU Network

Thousands of small GPU nodes worldwide.

Businesses don’t need to own or rent giant data center GPUs; they can tap into the network on-demand.

Pay-as-you-go AI compute

Instead of renting a full GPU for a month, you can run inference workloads by the minute or per-token.

Lower barrier to entry for small devs or startups.

Scalability

If a company suddenly needs 10,000 GPUs worth of compute (AI video transcoding, bulk inference, live streaming tasks), EdgeCloud can provision across its decentralized network.

This would be impossible or prohibitively expensive to build in-house.

Specialized workloads

Theta is targeting video, streaming, and real-time AI (things like live video captioning, AI-generated avatars, NFT DRM, etc.).

Use cases where edge-location compute (close to end users) reduces latency.

(((Do businesses need it?)))

Yes, for certain cases:

A streaming platform that needs AI-powered real-time video enhancement.

A gaming or metaverse project requiring low-latency AI NPCs or avatars.

An enterprise needing burst access to GPUs without managing their own...

post photo preview

Guess what's coming next... 😉

post photo preview

An updated version of the XRPL AMM paper was released in August to include simulation data.

The simulations confirm the L1 AMM produces better price alignment and lower slippage, offering arbitrageurs greater efficiency under market conditions.

OP: @Wkahneman

Ref: https://arxiv.org/pdf/2312.13749

post photo preview
post photo preview
The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.

The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.

Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.

This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internet—a new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.

Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receive—the trust of governments and markets alike.

This is not merely a fleeting trend; it's a crowning moment in global adoption. The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."

🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto Donations👇
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Read full Article
post photo preview
US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

Source

🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

Read full Article
post photo preview
List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are EternlTyphonVesprYoroiLaceADAliteNuFiDaedalusGeroLodeWalletCoin WalletADAWalletAtomicGem WalletTrust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

Source

🙏 Donations Accepted 🙏

If you find value in my content, consider showing your support via:

💳 PayPal: 
1) Simply scan the QR code below 📲
2) or visit https://www.paypal.me/thedinarian

🔗 Crypto
XRP: r9pid4yrQgs6XSFWhMZ8NkxW3gkydWNyQX
XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

Read full Article
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals