DEX Drift on Solana plans to airdrop 100 million DRIFT tokens

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2024/04/16 13:00

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Golden Finance reported that the Drift website and people familiar with the matter revealed that the Drift protocol, a decentralized exchange based on Solana, plans to launch the DRIFT governance token, airdrop assets to users within a few weeks, and establish a token-based governance structure. The new tokens follow a three-month points program, with the majority of the 100 million tokens in this airdrop going to long-term Drift users. In DRIFT's token economic model, 10% of the total supply of DRIFT will be allocated to users, 22% to venture investors, and 43% of tokens will be used for ecosystem development (which may include trading rewards, liquidity incentives, and future airdrop), 25% of the tokens are reserved for payment to Drift contributors for protocol development.

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