Drift Protocol Announces 100M DRIFT Token Airdrop on Solana

Key Takeaways Drift, a Solana-based DEX, is preparing to airdrop 100 million DRIFT tokens, transitioning to a community-led governance model; The airdrop rewards existing users with 10% of DRIFT’s total supply and allocates 43% for ecosystem growth through trading rewards and liquidity provision; Venture capitalists and angel investors will receive 22% of the tokens, with another 25% dedicated to protocol development.

Drift Protocol Announces 100M DRIFT Token Airdrop on Solana

Key Takeaways

  • Drift, a Solana-based DEX, is preparing to airdrop 100 million DRIFT tokens, transitioning to a community-led governance model;
  • The airdrop rewards existing users with 10% of DRIFT’s total supply and allocates 43% for ecosystem growth through trading rewards and liquidity provision;
  • Venture capitalists and angel investors will receive 22% of the tokens, with another 25% dedicated to protocol development.