{"id":10263,"date":"2024-04-17T12:41:12","date_gmt":"2024-04-17T12:41:12","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/drift-protocol-airdrop-guide-and-review\/"},"modified":"2024-04-17T12:41:12","modified_gmt":"2024-04-17T12:41:12","slug":"drift-protocol-airdrop-guide-and-review","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/drift-protocol-airdrop-guide-and-review\/","title":{"rendered":"Drift Protocol Airdrop Guide and Review"},"content":{"rendered":"
\n <\/p>\n

Drift Protocol is a decentralized, fully on-chain perpetual swap exchange built on Solana. Drift Protocol is the first perpetual swap exchange to leverage a Dynamic AMM. A Dynamic AMM is based on a virtual AMM (vAMM), but it’s key innovation is that it introduces repegging and adjustable k mechanisms to recalibrate liquidity in a trading pool based on participant demand.<\/p>\n

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Drift Protocol has raised $27.3M in funding from investors like Multicoin Capital and Jump Capital. They have confirmed that they will launch their token, \u201cDRIFT,\u201d and airdrop<\/a> a total of $100M DRIFT<\/strong> tokens to its users. When their token goes live, users who make trades, provide liquidity, and collect points on the platform will receive an airdrop.<\/p>\n

\n Step-by-Step Guide:<\/strong><\/p>\n
    \n
  1. Visit the Drift Protocol dashboard.<\/li>\n
  2. Connect your Solana wallet.<\/li>\n
  3. Now, make trades on the platform.<\/li>\n
  4. Users can do Perpetual and Spot trading.<\/li>\n
  5. Go to \u201cEarn\u201d, click on DLP and provide liquidity to the available pools.<\/li>\n
  6. Users who make spots and perpetual trades and provide liquidity on the platform will get points.<\/li>\n
  7. They have confirmed that they will launch the \u201cDRIFT\u201d token and airdrop a total of $100M tokens to early users. The eligibility criteria and instructions for claiming your allocation will be available soon.<\/li>\n
  8. For more information regarding the token and airdrop, see this article.<\/li>\n<\/ol><\/div>\n

    You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!<\/p>\n

    Don’t forget to follow us on Twitter<\/a>, Telegram<\/a>, & Facebook and subscribe
    \n our newsletter to receive new airdrops!<\/p><\/div>\n

    <\/p>\n

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    Overview<\/h2>\n
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