Questions for the CEO Drops

What is the airdrop Criteria and when is the TGE?

Earn points — this is the main criteria. TGE will take place after the launch of PERP trading. For now, the date is set for 2025.

The DEX that will be introduced in Drops mini app, will it be where the drops points be traded for real or just more testing before the actual listing?

We do not plan to launch trading with DPS points. Basic assets will be available for trading on the DEX.

Will there be any side products beside DEX?

Spot and PERP trading are our main focus for now. We are also continuing to work on our projects, DropsTab.com and On-chain Tracking, within the Drops bot.

When listing, tokenomics and what Cexs listing? DPS GO TO THE MOON!

TGE will take place after the launch of the PERP trading. For now, the date is set for 2025.

When is the farming of DPS point coming to an end?

Farming will continue until the PERP trading is launched.

The most important thing is to provide certainty for listing, don't waste too much time. and always update what you are working on.

TGE should be at the right time. Currently, the only factor holding us back is the launch of PERP trading, which we are working to expedite.

What are the main features of Drops that will be offered to users and make Drops different from other DEX?

As you know, the Drops bot is used by thousands of users to track on-chain and off-chain activities. The main convenience lies in the in-house trading functionality. When you receive an alert, you can execute transaction on both the PERP and spot markets from a single wallet without the need to transfer funds to a centralized exchange. Additionally, a unique feature we offer is the ability to work with multiple wallets, which is especially useful for professional traders or those managing account farming.

Wen Whitepaper?

The Whitepaper will be published after the launch of PERP trading.

Is the DPS that we farm it now will be token soon when the DEX launch ? And can we use it to pay for drop bot subscription in the future?

DPS tokens will also be usable for paying subscriptions in the bot and pro features on the website. Key benefits include discounts on trading, staking and other advantages.

It is very interesting which blockchain will your DEX support at the release?

Spot trading: Solana, ETH, Arbitrum, and Base. PERP: the main network for deposits and withdrawals will be Arbitrum.

Are you guys building utility token that will retain user in the ecosystem, cuz many projects failed this point by listing and after listing they died off, if you don't have anything tangible I'll give a little piece of advice to the CEO.

Thank from metro ♥️♥️

Most exchange tokens have been quite successful and retain value even after listing, as they offer clear utility to users. Tokens paid as fees by users will be burned, ensuring overall deflation.

Will there be a feature for spending point Drops?

We do not plan to enable trading with DPS points. However, you can submit a request on whales.market to add points trading prior to the token launch.

Will there be any conversion in the points we are earning?

The distribution formula will be straightforward: the percentage of tokens allocated for the first airdrop divided by the total number of points. Each participant will receive tokens proportional to their points.

Hey, great product and hats off for the hard work. Are you guys going to completely remove event trading from the platform once the original dapp is live?

We are very pleased with our trading game, which has attracted hundreds of thousands of users. A group of market professionals with a win rate exceeding 70% has already emerged, and they will be highly rewarded. Leaderboards will be introduced soon. The primary goal is to leverage these professionals' skills to enable non-professionals to earn through copying trades with real money.

Please name your top 3 advantages over your closest competitors, such as Blum and so on, thank you for your attention.

- A single wallet within our own semi-custodial solution 
- The ability to trade both spot and perp
- The best UI
- Work with multi-wallets and multitransactions

I want to know In near future can we trade DPS? Or DPS will be converted into Token?

All DPS points will be converted into tokens after the TGE. The distribution formula will be simple: percentage of tokens allocated for the first airdrop divided by the total number of points. Each participant will receive tokens proportional to their number of points. TGE after PERP trading launch.

When is the listing, and what are the eligibility requirements? Also, is the point system we earn from DPS converted or not?

We do not impose any special requirements on users and do not plan to set any restrictions based on territorial or national affiliation.

Is it possible to view the leaderboard on the mini game so that we can know our progress?

In the coming days, we will release leaderboards. Once they are live, we will publish brief statistics on our social media.

Dose DROPS banned in any country?

We do not impose any special requirements on users and do not plan to set any restrictions based on territorial or national affiliation.

What are the future projects after this project runs smoothly?

Key plans:
- Copy Trading: Enable users to replicate trades of top performers
- Interface Improvements: Enhance user experience with better UI/UX
- Trading Integration with DropsTab.com: Seamless trading capabilities directly within the platform

Will you add more stats in weekly reports such as most orders, most winning orders etc + all time stat for this points?

Once we release the leaderboards, we will publish brief statistics on our social media.

What difference DropsTab and Drops Bot?

These are two separate products developed by the same team:
DropsTab.com: Primarily a portfolio and data aggregator, similar in format to CoinMarketCap.
Drops Bot: A tool for tracking on-chain and off-chain activities and receiving instant notifications.

Please tell us, how to calculate the token reward from our hard work and our support so far. and we want to ask for the correct explanation, is it true that the price /150 Dps=$1 thank you 🤝

We have often clarified on our social media that the formula 1$ = 150 DPS is used only as an additional reward for users who purchase paid subscriptions within the Drops bot. For example, with the $29 Monthly Advanced subscription, users receive 4,350 DPS points.

When lunch DEX? DEX have limit order & stop loss? DEX support many chain?

PERP trading is planned for launch in 2025. Limit and stop orders will be included as essential features.

What is your aim in building this project?

Like any commercial project, our goal is to generate revenue. We identified significant potential in Telegram infrastructure following the launch of mini-apps. Additionally, we received hundreds of requests for integrating in-house trading within the bot and know how do the best product.

Do you have a litepaper about the project?

The Whitepaper will be published after the launch of PERP trading.

What's is the utility of the token what you going to build, what is connection you and CEO of DWFlabs. What kinda exchange you going to build?

Key token utility:
- Trading Fees and discounts
- Staking
DWF is the lead investor.

The question is about DPS points. Are there plans to bring them to the CEX exchanges or will they be traded only on Drop DEX? And can I ask you again about the utility of DPS points on the future DEX?

Points and DPS tokens should be separated. All DPS points will be converted to a token after TGE is launched. The distribution formula will be quite simple. % of tokens allocated for the first airdrop / total number of points. Each participant will receive tokens in proportion to their number of points. The main utility of the token: Fees discount, betting.

When will the leaderboard be launched? There is a great lack of understanding of which "section of the food chain" you are on :)

There are no general leaderboards planned at the moment, only weekly ones with various buns for the best users.

Can you tell me how Drops will be better than Blum? 

We haven't seen the Blum product, so we can't comment. I will highlight 3 of our features: - A single wallet within our own semi-custodial solution and the ability to trade both spot and perp. The best UI. Working with multiwallets.

1. What makes drop bot different from other trading platform?
2. What measures are taken to prevent scammers from rugging a project?

1. Key Advantages:
Best UI:
Optimized interface within the mini-app and a simple bot interface for spot trading.

No Censorship:
Operating within the Telegram ecosystem ensures freedom from censorship.

Ease of Use:
No technical barriers for key management, wallet setup, or Web3 connections.

No Geographic Restrictions:
Open access to users worldwide.

2. We partnered with gopluslabs.io long ago to receive real-time data on known honey pots and suspisious projects.
If you use the tracking bot, this option can easily be enabled via the /customize command.

However, it’s important to note that no service can guarantee complete protection against rugs.

Can DPS coins be used to pay for subscriptions in the future? And will holding DPS coins get you a free subscription in the future?

Discounts: Paying with DPS tokens will grant users a discount on subscriptions.
Deflationary Mechanism: Collected tokens will be burned to reduce supply.

I would like to know if there is a plan to request Telegram Star or fee in advance either directly or indirectly like other mini bots. Example project Memefi Hamster Blum to market.

We’ve already applied for a Star mark.

How fast it will take to list DPS on different CEX’s after the final update in the bot? Will be there OKX, Bybit & Bitget?

We cannot comment on the listings as the main product has not been released at the moment.

Greetings to the developers of the Drops bot, tell me in which networks the DPS token is planned?

The decision has not been made yet, we are considering various ecosystems. From Arb, ETH, Base to Solana and TON.

Several times the bot liquidated a position after the end of the transaction marked finished, with the price in the right direction. after 1-2 minutes, while the system processes the result, the price went in the opposite direction and the position was liquidated. will you make any changes so that the transaction is fixed at the end of the timing?

Regarding listings, we cannot comment at this time, as the main product has not yet been released.

Bruce, CEO Drops, DropsTab