Drift Protocol Overview
Drift Protocol, a futures financial protocol on the Solana platform. Not only does it stand out with its ability to trade derivatives with low price slippage and low transaction costs. But it is also unique with a variety of other integrated products such as spot trading, borrowing and lending, bridges, liquidity provision – all for the purpose of optimizing profits for users.
With the successful attraction of $3.8 million from famous investment funds such as Multicoin Capital, Jump Capital, Robot Ventures on January 26, 2021. Although, Drift Protocol faced the slowdown of Solana but still maintained its leading position in the Perp DEX sector. This was a remarkable success and a testament to the tenacity and quality of the project.
Funding round
With the recent strong boom of the Solana ecosystem, many long-standing projects such as Jito, Pyth Network, Jupiter Exchange have cleverly used this opportunity to introduce their tokens. Therefore, it is not surprising if Drift Protocol also applies the same strategy as its teammates in the ecosystem. By launching tokens and organizing airdrops to create motivation and attract the user community.
Instructions for Making Airdrop Drift Protocol
Step 1: Bridge assets to Solana
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Access: https://app.drift.trade/bridge
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Connect to Solana network Phantom wallet and Metamask wallet.
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Bridge assets from other chains to Solana.
Step 2: Activate account and trade
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Access: https://app.drift.trade/
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Connect to Phantom wallet and activate your account in the right corner of the interface.
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Select “Deposit/Withdraw” to deposit money.
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Trade derivatives, spot, swap in major pairs like BTC or SOL to avoid price slippage.
Step 3: Provide liquidity on Drift
People can choose different liquidity provisioning tactics for Drift by:
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Visit: https://app.drift.trade/earn/
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Lend/Borrow: Lend assets to others to earn interest.
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Insurance Fund Vaults: Deposit money into these vaults to be able to buy mortgage assets cheaply.
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DLP: Provides liquidity for trading pairs to receive real yield.
Step 4: Send feedback to the Drift team
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Visit: https://drifttrade.canny.io/v2-feedback
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Send feedback about errors and problems encountered during use.
Related: Socrates Airdrop Guide
Conclusion
Above are instructions for airdropping Drift Protocol from azc.news. Hopefully, with Solana’s strong return along with positive market factors, the project will soon launch tokens and airdrops to all users.