Summary
TLDR: Drift Protocol announced the launch of its governance token DRIFT, with 10% of the total supply to be airdropped to eligible wallets. The token is part of the platform’s decentralization journey, empowering users to shape the protocol’s future. The airdrop will coincide with the creation of the Drift DAO, which includes various components to manage the protocol. The remaining 47% of the token supply will go to protocol development and strategic participants.
Key Points
1. The Drift Foundation announced the governance token DRIFT, with 10% of the total supply set to be airdropped to eligible wallets.
2. The DRIFT token is the first step in Drift’s decentralization journey, empowering users to become stewards of the protocol and guide its future.
3. The airdrop coincides with the creation of the Drift DAO, which includes Realms DAO, a security council, and Futarchy DAO, among other features.