While airdrop news continues to be heard frequently lately, there is also a news Drift protocol, decentralized exchange (DEX) based in Solana (SOL)came from before.
Accordingly, Drift Protocol is a DRIFT announced that it plans to launch a governance token and airdrop the asset to its users within a few weeks.
It is stated that 10 percent of DRIFT’s total supply will go to its users in this airdrop. 100 million DRIFT It was stated that the token will be distributed.
Speaking to The Block, Drift co-founder Cindy Leow said that the token launch and airdrop is expected to take place in the coming weeks.
“The token creation event date and airdrop request date will be announced later.
100 million tokens will be airdropped to 180,000 Drift users based on their activity on the platform.
All DRIFT tokens will be distributed over five years, with the majority (more than 50%) allocated to the community. The distribution of token allocation is 53% for the community and ecosystem; “25% is reserved for protocol development and 22% for strategic participants.”
Drift was launched in 2021 as one of the first DeFi projects on Solana.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!