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
