Binance Square
LIVE
LIVE
Dicas de Cripto
--4.4k views
As airdrop announcements continue to gain traction, there's fresh news from the Drift protocol, a decentralized exchange (DEX) operating on Solana (SOL). Accordingly, Drift Protocol has revealed its intention to introduce a DRIFT governance token and conduct an airdrop of the asset to its users within the next few weeks. It's been stated that 10 percent of DRIFT's total supply will be allocated to users in this airdrop, with 100 million DRIFT tokens set to be distributed. In an interview with The Block, Drift co-founder Cindy Leow mentioned that the token launch and airdrop are anticipated to occur in the upcoming weeks. "The specific dates for the token creation event and airdrop request will be announced later. 100 million tokens will be distributed to 180,000 Drift users based on their platform activities. All DRIFT tokens will be distributed over a five-year period, with the majority (over 50%) designated for the community. The breakdown of token allocation is 53% for the community and ecosystem, 25% reserved for protocol development, and 22% for strategic participants." Drift was introduced in 2021 as one of the pioneering DeFi projects on Solana.#Solana⁩ #Solana’ #Cryptocurrencies #Airdrop‬⁩s #Airdrop_Opportunity

As airdrop announcements continue to gain traction, there's fresh news from the Drift protocol, a decentralized exchange (DEX) operating on Solana (SOL).

Accordingly, Drift Protocol has revealed its intention to introduce a DRIFT governance token and conduct an airdrop of the asset to its users within the next few weeks.

It's been stated that 10 percent of DRIFT's total supply will be allocated to users in this airdrop, with 100 million DRIFT tokens set to be distributed.

In an interview with The Block, Drift co-founder Cindy Leow mentioned that the token launch and airdrop are anticipated to occur in the upcoming weeks.

"The specific dates for the token creation event and airdrop request will be announced later. 100 million tokens will be distributed to 180,000 Drift users based on their platform activities. All DRIFT tokens will be distributed over a five-year period, with the majority (over 50%) designated for the community. The breakdown of token allocation is 53% for the community and ecosystem, 25% reserved for protocol development, and 22% for strategic participants."

Drift was introduced in 2021 as one of the pioneering DeFi projects on Solana.#Solana⁩ #Solana’ #Cryptocurrencies #Airdrop‬⁩s #Airdrop_Opportunity

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Replies 1
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@dicasdecripto

Explore More From Creator

There are several indicators suggesting that the launch of EigenLayer's EIGEN token is approaching quickly. To start, the Eigen Foundation registered certain subdomains for the token launch on their website, which has been taken as a sign that the EIGEN token is about to be released. Additionally, developers published the EIGEN token's whitepaper on GitHub, further hinting at the token's imminent launch. EigenLayer is viewed by some as one of the most highly anticipated airdrops in cryptocurrency history. EigenLayer revolves around the concept of "restaking," which allows the security of the Ethereum blockchain to be reused for additional protocols, specifically Application-Specific Validators (AVSs). In essence, restaking involves taking ETH that investors have staked on the main Ethereum chain and using it again to secure other protocols such as blockchain bridges, cryptocurrency exchanges, or data storage systems. The benefit for EigenLayer investors, known as "Restakers," is that they can earn additional returns on top of the interest they already receive for staking ETH. EigenLayer also has a fee structure that provides a source of revenue, which it plans to use to pay interest to depositors, serving as a key incentive for restaking. Requests for the EigenLayer token will begin on May 10. The EIGEN token will launch with a total supply of 1.67 billion tokens. The foundation has allocated 45% of the tokens to its community. This allocation is further divided into stakedrops (15%), community initiatives (15%), and ecosystem development (15%). Moreover, 29.5% of the tokens will go to investors, while early contributors will receive 25.5%. Both investors and early contributors will have a three-year lock-up period for their allocations. This includes a full lock-up for the first year, followed by a gradual release of assets at a rate of 4% per month over the following two years. #Airdrop_Opportunity #Cryptocurrencies #AltcoinStrategies #Altcoins👀🚀 #EthereumPower
--
Smart portfolio choices can drive substantial returns, with the market's surge in 2024 already indicating significant growth potential. While some cryptocurrencies continue to be investor favorites, lesser-known alternatives are beginning to gain traction. This article explores five such cryptocurrencies that could change investment strategies and are poised for notable progress in the market, despite the usual focus on more mainstream tokens. It's time to consider options that might redefine success for crypto investors. CYBRO introduces a unified marketplace designed for consistent crypto earnings, leveraging the innovative Blast blockchain. Solana (SOL) has experienced a notable increase of 15.96% in value over the past week, despite a 14.14% decline over the last month. Ondo token has surged in price over six months, posting an incredible 2846.67% increase. Aptos (APT) has seen mixed price trends recently; over the last week, it rose by about 7%, indicating a short-term upward trajectory. Polygon (MATIC) also displayed varied price trends, with a notable 6.69% increase in the last week, suggesting positive movement. To summarize, while SOL, ONDO, APT, and MATIC might have potential, their short-term prospects appear somewhat limited. In contrast, CYBRO presents a compelling opportunity. As a unique platform within the Blast blockchain ecosystem, CYBRO stands out for its innovative approach. With its market entry set for the second quarter of 2024, CYBRO invites early investors to join the movement by participating in the presale of CYBRO tokens. This offers a chance to get involved with the project early, potentially leading to favorable outcomes for those who act quickly. #Solana⁩ #MATIC✅ #Cryptocurrencies #Ondo #APT.
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs