- Drift Protocol’s token airdrop marks a pivotal step towards decentralization, empowering users with governance.
- The protocol’s allocation strategy balances user rewards, ecosystem growth, and protocol development effectively.
- Inspired by MetaDAO, Drift’s Futarchy DAO fosters community engagement and influences decision-making dynamically.
Drift Protocol, a decentralized exchange (DEX) based on the Solana blockchain, announced the launch of its token airdrop by allocating 100 million tokens to its users in the upcoming weeks. With this decision, it is the first gateway to the process of decentralization for Drift, which includes a tokenized governance system. MetaDAO, along with the technology of their futarchy, are some of those who would get an advantage from this statement because Drift will be integrating them into their operations.
The upcoming DRIFT governance token will be distributed following a three-month points program that incentivized participation from traders, borrowers, lenders, and airdrop enthusiasts within the Solana DeFi ecosystem. Notably, a substantial portion of the 100 million tokens allocated for the airdrop will be awarded to longst…
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