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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

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A recent development has emerged from Vitalik Buterin, co-founder of Ethereum (ETH), which has had a positive impact on the market and the price of a related altcoin through his endorsements and statements. Vitalik Buterin's support for the altcoin called Railgun (RAIL) has resulted in an unprecedented price surge of up to 240% for RAIL. Buterin expressed his support for RAIL through a post from his X account, also commending its innovative privacy pools protocol. Before this announcement, it was disclosed by Arkham that Vitalik Buterin (vitalik.eth) transferred 100 ETH (approximately $325,000) to Railgun on the same day. Additionally, Chinese journalist Wu Blockchain revealed that Vitalik Buterin had been regularly interacting with Railgun for the past six months, using a small amount of ETH almost every month. Quoting a post from Wu Blockchain, Vitalik Buterin commented on Railgun as follows: "Privacy is a fundamental right. Railgun utilizes the privacy pools protocol, significantly raising the bar for malicious actors attempting to infiltrate the pool without compromising users' privacy." Railgun is an EVM privacy protocol that facilitates DeFi private transactions. By utilizing Railgun, your wallet addresses can be anonymized in your activities and transactions on blockchains where your information was previously visible to the public. Following Vitalik Buterin's endorsement, RAIL surged by up to 240% and is currently trading at $1.66, representing a 191% increase at the time of this writing. #Altcoinseason2024 #Altcoins👀🚀 #Cryptocurrencies #ETH🔥🔥🔥
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