Instructions for Making Airdrop Drift Protocol

In this article azc.news will show everyone how to airdrop Drift Protocol, a perp DEX project on the Solana ecosystem.

Instructions For Making Airdrop Drift Protocol_65b95019dcaee.webp

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.

instructions for making airdrop drift protocol 65b95019e07c5

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

  • Access: https://app.drift.trade/bridge

  • Connect to Solana network Phantom wallet and Metamask wallet.

  • Bridge assets from other chains to Solana.

instructions for making airdrop drift protocol 65b95019e2beb

Step 2: Activate account and trade

  • Access: https://app.drift.trade/

  • Connect to Phantom wallet and activate your account in the right corner of the interface.

  • Select “Deposit/Withdraw” to deposit money.

  • Trade derivatives, spot, swap in major pairs like BTC or SOL to avoid price slippage.

instructions for making airdrop drift protocol 65b95019e520c

Step 3: Provide liquidity on Drift

People can choose different liquidity provisioning tactics for Drift by:

  • Visit: https://app.drift.trade/earn/

  • Lend/Borrow: Lend assets to others to earn interest.

  • Insurance Fund Vaults: Deposit money into these vaults to be able to buy mortgage assets cheaply.

  • DLP: Provides liquidity for trading pairs to receive real yield.

instructions for making airdrop drift protocol 65b95019e78fa

Step 4: Send feedback to the Drift team

  • Visit: https://drifttrade.canny.io/v2-feedback

  • 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.

5.0/5

(100 votes)

Latest

Guide To Participating In The Bitcoin Button On Binance For A Chance To Win 1 Btc

News | Airdrops | Editor Choice

Guide to Participating in the Bitcoin Button on Binance for a Chance to Win 1 BTC

Join the Bitcoin Button Event on Binance for a Chance to Receive a 1 BTC Airdrop.

1stake Usdt, Ton, Mnt To Receive 1 Million Major On Bybit

Airdrops | Editor Choice | Policy & Regulations

Stake USDT, TON, MNT to Receive 1 Million MAJOR on Bybit

Bybit has announced the listing of Major on Launchpool, along with a staking program for USDT, MNT, and TON, offering participants a chance to share rewards of up to 1 million MAJOR.

How To Participate In The Portal Airdrop

Airdrops | Editor Choice | News

How to Participate in the Portal Airdrop

Portal is a DeFi platform for Bitcoin that has successfully raised $42.5 million. It is currently running a testnet program and will offer rewards for participants. Join the Portal Airdrop now!

Stake Usdt, Morpho, Mnt To Receive 2,500,000 Morpho On Bybit

Airdrops | Editor Choice | News

Stake USDT, MORPHO, MNT to Receive 2,500,000 MORPHO on Bybit

Bybit has announced the listing of Morpho on Launchpool, along with a staking program for USDT, MNT, and MORPHO, offering a total reward of 2,500,000 MORPHO.

How To Participate In The Din Airdrop On Binance Web3

Airdrops | Editor Choice | News

How to Participate in the DIN Airdrop on Binance Web3

DIN (formerly Web3Go) and Binance Web3 are hosting a program with rewards of up to 375,000 $DIN, running from November 19 to December 3, 2024.