Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
DEX Drift on Solana plans to airdrop 100 million DRIFT tokens

DEX Drift on Solana plans to airdrop 100 million DRIFT tokens

2024/04/16 13:00
By:

Golden Finance reported that the Drift website and people familiar with the matter revealed that the Drift protocol, a decentralized exchange based on Solana, plans to launch the DRIFT governance token, airdrop assets to users within a few weeks, and establish a token-based governance structure. The new tokens follow a three-month points program, with the majority of the 100 million tokens in this airdrop going to long-term Drift users. In DRIFT's token economic model, 10% of the total supply of DRIFT will be allocated to users, 22% to venture investors, and 43% of tokens will be used for ecosystem development (which may include trading rewards, liquidity incentives, and future airdrop), 25% of the tokens are reserved for payment to Drift contributors for protocol development.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure

Summarizing the "holistic reconstruction of the privacy paradigm" from dozens of speeches and discussions at the Devconnect ARG 2025 "Ethereum Privacy Stack" event.

Chaincatcher2025/11/28 12:40
Ethereum Privacy’s HTTPS Moment: From Defensive Tool to Default Infrastructure