Drift Protocol to Launch Governance Token and Distribute 100 Million Tokens Through Airdrop
Solana-based decentralized exchange Drift Protocol is set to launch a DRIFT governance token and distribute 100 million tokens through an airdrop to its users in the coming weeks. The majority of the tokens will be given to longtime Drift users. The protocol's governance structure will transition from Drift Labs to a three-pronged structure, including a Futarchy DAO that will operate similarly to MetaDAO. Drift is investing in the development of trading bots, validator clients, and alternative frontends, with a focus on teams building frontends on their own, inspired by Solana's decentralization.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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