DEX Drift on Solana plans to airdrop 100 million DRIFT tokens
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.
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.
You may also like
Charlie Munger's Final Years: Bold Investments at 99, Supporting Young Neighbors to Build a Real Estate Empire
A few days before his death, Munger asked his family to leave the hospital room so he could make one last call to Buffett. The two legendary partners then bid their final farewell.

Stacks Nakamoto Upgrade
STX has never missed out on market speculation surrounding the BTC ecosystem, but previous hype was more like "castles in the air" without a solid foundation. After the Nakamoto upgrade, Stacks will provide the market with higher expectations through improved performance and sBTC.

Do Kwon Wants Lighter Sentence After Admitting Guilt

Bitwise Expert Sees Best Risk-Reward Since COVID
