Drift, a decentralized exchange based on Solana, plans to launch DRIFT governance tokens, airdrop assets to users within a few weeks, and establish a token-based governance structure, according to the Drift website and people familiar with the matter. The new tokens follow a three-month points program, and most of the 100 million tokens in this airdrop will go to Drift's long-term users.
In DRIFT's token economy model, 10% of DRIFT's total supply will be allocated to users, 22% to venture capitalists, 43% of the tokens will be used for ecosystem development (which may include trading rewards, liquidity incentives, and future airdrops), and 25% of the tokens will be reserved for protocol development paid to Drift contributors.
DEX Drift plans to airdrop 100 million DRIFT tokens on Solana
2024-04-16 12:25:53
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