Airdrop Details
Airdrop Link | Go to airdrop |
Total value | N/A |
Platform | Solana |
Category | Defi |
Drift Protocol stands out as a decentralized on-chain perpetual swap exchange developed on the Solana blockchain, pioneering the use of a Dynamic Automated Market Maker (AMM). Unlike a traditional virtual AMM (vAMM), the Dynamic AMM introduces innovative repegging and adjustable k mechanisms to recalibrate liquidity within a trading pool, responding to participant demand.
Securing $27.3M in funding from investors such as Multicoin Capital and Jump Capital, Drift Protocol has introduced a unique points system as they currently do not have their own token. Users engaging in trades and providing liquidity on the platform accrue points, and there is potential for those who accumulate points to receive an airdrop based on their points once the platform launches its token.
How To Claim Drift Chain Airdrop Free
- Visit the Drift Protocol dashboard.
- Connect your Solana wallet.
- Execute trades on the platform, involving both Perpetual and Spot trading.
- Explore the “Earn” section, click on DLP, and contribute liquidity to the available pools.
- Users engaging in spot and perpetual trades, along with providing liquidity, earn points.
- Although the platform has not issued its token yet, users amassing points may be eligible for an airdrop based on their points during a token launch.
It is important to note that there is no assurance of an airdrop for early users; it remains speculative.
If you are interested in discovering more projects without an existing token that may potentially conduct retroactive airdrops for a governance token in the future, explore our list of potential retroactive airdrops to stay informed about upcoming DeFi airdrops!
Overview
Website | https://www.drift.trade/ |
https://twitter.com/driftprotocol | |
Discord | https://discord.com/invite/fMcZBH8ErM |
Medium | https://driftprotocol.medium.com/ |
Documentation | https://docs.drift.trade/ |
About Drift Chain
What is the DRFT token?
While the confirmation of DRFT is pending, the Drift team has occasionally hinted at the potential release of a token.
Similar to other governance tokens, it is anticipated that DRFT will serve as a means to confer voting privileges upon holders in the protocol's governance.
In essence, token holders would have the ability to suggest or participate in voting on alterations, enhancements, or modifications to the project's functionalities.
Given Drift's decentralized nature, the majority of voting procedures are likely to focus on decisions such as listing perpetual future markets and advancing the risk engine and security protocols within the protocol.
How to qualify for the DRFT airdrop?
As previously mentioned, information regarding a DRFT airdrop remains undisclosed.
Notwithstanding, co-founder David Lu has explicitly stated that in the event of a DRIFT airdrop, the team aims to recognize and reward users who have engaged in trading on its application for over a year.
Additionally, it appears that the Profit and Loss (PnL) as well as the overall trading volume within your Drift trading account might play a pivotal role in determining the allocation of a potential DRFT airdrop.
To enhance your chances of participating in a prospective DRFT airdrop, stay vigilant for further announcements regarding Drift's point program.
When will the DRFT airdrop take place?
Currently, there is no confirmation regarding the existence of a DRFT token or a Drift airdrop. However, should a DRFT airdrop materialize, it is anticipated to follow the typical pattern observed with other airdrops on Solana. Typically, token rewards are not automatically deposited into your wallet; instead, users are required to visit a specific website for claiming. Although Drift's claim page is not accessible at the moment, we will promptly share the information here, on our social media platforms, and through our app if it becomes available in the future.