Protocol Information
Airdrop Pass is a yield tokenization product made for low liquidity objects, such as NFTs. It splits an object into Airdrop Pass (AP, an ERC-20) and Discount Pass (DP, an ERC-721), where the AP receives discrete airdrops related to the object, and DP is redeemable for the underlying object at the maturity date
Category:Yield
Methodology
TVL: TVL is calculated by summing the value of underlying NFTs of the delegation tokens owned by MetaStreet Airdrop Pass Factory.