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.