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TDROP On-chain Governance launches on Theta mainnet

Share on X icon · Published 4 years ago on June 2, 2022 · Hassan Maishera

The Theta team announced in a Medium post on Wednesday that the TDROP Governance site is released on Theta Mainnet.

TDROP On-chain Governance launches on Theta mainnet

The Theta team announced in a Medium post on Wednesday that the TDROP Governance site is released on Theta Mainnet. Theta said this latest development is the first step in TDROP stakers directly governing how the TDROP token rewards and its other parameters like liquidity mining are distributed. It is also paving the way for decentralized governance of the Theta blockchain, the team added. 

Theta is a decentralized video delivery network powered by users, running on a dedicated blockchain (Theta Network). Its value proposition is to reduce the costs of content delivery networks by effectively creating a mesh network of shared content.

THETA is currently trading at $1.195, down by more than 12% in the last 24 hours.

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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