@DriftProtocol officially launched token staking. If you hold or are optimistic about $DRIFT, you can stake it and get additional benefits.

According to the official X announcement, the benefits include:

Double voting rights + DRIFT/USDC trading pair fees + fee discounts + any future benefits obtained through governance.

In addition, it should be noted that there is a 13-day cooling-off period for canceling $DRIFT staking.

For details about staking, please refer to the proposal: https://driftgov.discourse.group/t/launch-drift-staking-vault-fee-discounts-for-drift-stakers/12

Drift staking tutorial

1/

Buy $DRIFT: https://docs.google.com/document/d/1ird_9F-qQI1rSkFdTh82P80fVl_vfn3VdNnvlXuhj8w/edit?usp=sharing

You can buy it on Drift on the chain: https://app.drift.trade/DRIFT

Or Jupiter: https://jup.ag/swap/USDT-DRIFT

CEX can be purchased on exchanges such as Coinbase, Bitget, Gate, Backpcak, etc.

2/

Make sure there is enough $SOL in your wallet for gas

3/

Open @DriftProtocol staking page:

https://app.drift.trade/drift-staking

Click Connect to link your wallet

The confirmation terms page pops up, check all the small boxes in the wallet, click Agree and Continue

Select the installed wallet, click and click Confirm on the pop-up wallet page.

Pull down the new page that appears and create an account. If you don’t have an account, you can’t stake.

To create an account, you need to deposit at least 50U of assets, and it costs 0.0413SOL, of which 0.01 SOL is the fee for creating an account and will not be refunded, and the other 0.0313SOL will be returned to the wallet when the account is deleted.

Select the deposited funds, check the box, click Confirm Deposit, and confirm in the wallet.

Then click Stake

Fill in the staking amount, check the box below, and click Confirm Stake.

Click Confirm in the wallet to successfully stake.