🚀 Derive launches new token DRV to boost its derivatives ecosystem! DRV will be launched on the Ethereum mainnet and will be mostly bridged to Derive L2 for users to claim. Staking DRV can participate in governance, with an unlock period of 28 days, or unlock immediately but with a 20% loss. The governance system will be implemented on the Derive chain, and the DAO will allocate up to 1.15 million DRV staking rewards per week, which will be halved after 6 months. There are also 2.5 million DRV for incentive protocol use. Pre-staking DRV can get a 5% reward! 💡

What do you think of this incentive mechanism? Let's chat in the comment section!