Drift Protocol has launched the DRIFT token and opened the airdrop claim

ChainCatcher news, according to The Block, the Solana-based perpetual contract protocol Drift Protocol has launched the DRIFT token and opened airdrop claims.

ChainCatcher previously reported that the total amount of Drift airdrop tokens is 120 million (accounting for 12% of the total supply). All user airdrops will be divided into initial allocation and reward allocation. The initial allocation will be unlocked when the token goes live, and the rewards will vest linearly over 6 hours. Additionally, users can deposit DRIFT on the first day and use it as collateral.