Based on Solana, Drift Protocol is a decentralized, fully on-chain perpetual swap exchange. The first perpetual swap exchange to use a dynamic AMM is Drift Protocol. Based on a virtual AMM (vAMM), a dynamic AMM incorporates changeable k mechanisms and repegging to readjust liquidity in a trading pool based on participant demand. This is the main novelty of the dynamic AMM.
$27.3 million has been raised for Drift Protocol by investors such as Jump Capital and Multicoin Capital. They have introduced a scoring system but do not yet have their own token. Points are awarded to users who trade and supply liquidity on the platform. If they launch their token, users that accumulate points might receive an airdrop based on their point total.
Comprehensive Guide
- Go to the dashboard for Drift Protocol.
- Link your wallet from Solana.
- Proceed to trade on the platform now.
- The options for trading are spot and perpetual.
- Select “Earn,” then “DLP,” to add liquidity to the available pools.
- Points will be awarded to users who create spots, perpetual trades, and platform liquidity.
- Although they haven’t received their token yet, users that accrue points could receive an airdrop when their token is launched.
- Please be aware that there is no assurance they will airdrop to the platform’s early adopters. That’s just conjecture.
Disclaimer: We are not financial advisors. The airdrop content on this page is for educational purposes only and merely cites personal opinions. While we strive to provide quality airdrops, we advise you to conduct your research and make smart decisions.
This post does not serve as an endorsement or reason to invest in a project. Finally, there is no guarantee that you will be making a profit or loss from this project and we'll not be liable for any loss.
This post does not serve as an endorsement or reason to invest in a project. Finally, there is no guarantee that you will be making a profit or loss from this project and we'll not be liable for any loss.
