Drift Protocol, a decentralized exchange on Solana, has launched the claim process for its governance token, DRIFT, through an airdrop. From May 16 to August 16, 2024, 120,000,000 DRIFT tokens will be distributed for free.
Additionally, Coinbase has announced plans to list DRIFT, attracting global investor interest. Learn how to claim your tokens and stay informed on the latest developments in DeFi.
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120,000,000 DRIFT distributed free of charge
Drift Protocol, a Solana (SOL)-based decentralized exchange (DEX), announced that on May 16, 2024, it began accepting airdrop requests for DRIFT, the governor's token for Drift Protocol.
Drift Protocol (DRIFT) is an open-source derivatives trading platform built on the Solana blockchain, which allows users to connect a self-managed wallet to the site to trade a variety of trading pairs with high-performance trading tools.
The airdrop request period for DRIFT tokens is "3 months from May 16, 2024 to August 16, 2024," and 120,000,000 DRIFT, or 12% of the total number of tokens issued, will be airdropped in this airdrop.
Eligibility for the airdrop can be confirmed by connecting your wallet to the "official website," and the official announcement also warns users to "beware of scams and fake tokens.
Plans to be listed on Coinbase, a major US exchange
On May 15, 2024, Coinbase, a major U.S. crypto asset exchange, also announced that it has added DRIFT to its listing roadmap.
Coinbase's listing roadmap is a list of virtual currencies that Coinbase plans to list, and has attracted attention from investors outside the U.S. due to its strong influence on prices.
Coinbase's listing roadmap was originally known as the "Listing Consideration List," but in July 2022, the company reportedly switched to a "policy of only listing assets that have been decided to be listed.
The Drift Protocol already allows DRIFT tokens to be deposited as collateral, and it is also reported that DRIFT can be deposited in the liquidity pool through the Solana-based decentralized finance (DeFi) platform.
>> For the latest airdrop-related news, click here.
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