Droplit (LIT) is a fork of Tomb.finance, an algorithmic stablecoin platform. LIT is designed to provide a stable and secure store of value for cryptocurrency investors and traders.
Unlike other stable coins, which rely on external sources of collateral to maintain their value, LIT uses a unique algorithm to maintain its peg to the US dollar. This algorithm is designed to ensure that the value of LIT remains stable, even in times of market volatility. All while providing ongoing help to support the $DRIP Network.
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