Market cap
$11.33K
-0.11 %
Volume (24h)
$44.83
-0.11 %
Circulating supply
13,448,437 DOP
Total supply
15,000,000 DOP
Max. supply
15,000,000 DOP
Drops Ownership Power (DOP)
$ 0.00
-0.11 %
Main info
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Key data
updated $0Market cap$11.33K
Volume 24h$44.83
Circulating supply13.45M90% of max 15M
Drops Ownership Power (DOP) is the governance token of the Drops ecosystem, a platform built around NFT infrastructure and liquidity. In simple terms, holding DOP gives you a say in how the platform develops — voting on proposals and shaping its future direction. The token trades under the ticker DOP.
Frequently asked questions
What is Drops Ownership Power and how is it different from regular cryptocurrencies?
DOP is primarily a governance token, not just a means of payment. While coins like Bitcoin focus on transfers of value, DOP exists to give holders voting power over decisions in the Drops ecosystem, which centers on NFT-related infrastructure. Think of it as a share of influence rather than digital cash.
How does the technology behind DOP work?
DOP is an ERC-20 token issued on the Ethereum blockchain, so it relies on Ethereum's proof-of-stake consensus for security and transaction finality. Governance proposals are typically executed through smart contracts, which automatically apply the results of community votes. This removes the need for a central authority to enforce decisions.
How is the DOP token supply and emission structured?
Like most governance tokens, DOP has a fixed maximum supply defined in its smart contract, with tokens distributed through mechanisms such as staking rewards, liquidity incentives, and allocations to the team and community. New tokens enter circulation according to a predetermined vesting and emission schedule rather than unlimited printing. You can always verify the current circulating supply on-chain or through block explorers.
Where can I store and use DOP tokens?
Since DOP is an ERC-20 token, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, or a hardware wallet like Ledger for better security. Beyond holding, you can use DOP to participate in governance votes and potentially stake it within the Drops ecosystem for rewards. Always double-check the contract address before interacting with the token to avoid fakes.