After a long period of suffering general losses from the collapse of FTX and the general market not seeing much improvement, the Solana ecosystem is returning with dozens of projects simultaneously launching tokens such as Pyth Network and Jupiter Exchange. , Jito,… In this article Weakhand will introduce everyone to airdrop Drift Potocol, a perp DEX project on the Solana ecosystem.
Drift Protocol Overview
Drift Protocol is a Derivatives protocol on the Solana ecosystem with low slippage and transaction costs. In addition to derivatives trading, Drift Protocol also develops many other products integrated into its platform such as spot trading, borrowing and lending, bridges, providing liquidity to make profits,…
Drift Protocol successfully called for $3.8M from investment funds Multicoin Capital, Jump Capital, Robot Ventures,… on January 26, 2021. Although it had to develop while Solana began to decline, Drift is one of the few projects still operating and maintaining its position as the top 1 Perp DEX to date.
Thanks to the strong growth of the Solana ecosystem recently, many long-standing projects such as Jito, Pyth Network, Jupiter Exchange,… have taken advantage of this time to launch tokens. Therefore, it is likely that Drift Protocol will have a similar strategy to other projects in the ecosystem to launch tokens and airdrop to users.
Instructions for Making Airdrop Drift Protocol
Step 1: Bridge assets to Solana
- Visit: https://app.drift.trade/bridge
- Connect to Solana network Phantom wallet and Metamask wallet.
- Bridge assets from other chains to Solana.
Step 2: Activate account and trade
- Visit: 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.
Step 3: Provide liquidity on Drift
People can choose different liquidity provisioning tactics for Drift by:
- Visit: https://app.drift.trade/earn/
- Lend/Borrow: Lending 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.
Step 4: Send feedback to the Drift team
- Visit: https://drifttrade.canny.io/v2-feedback
- Send feedback about errors and problems encountered during use.
Summary
Above are instructions for making a Drift Protocol airdrop from Weakhand. Hopefully, with the strong return of Solana along with positive market factors, the project will soon launch tokens and airdrops to all users.
