Drift Foundation: The governance mechanism is gradually being improved, and DRIFT is one of the components
The Drift Foundation stated on the X platform that the DRIFT token is a component of governance and a key element in empowering the community to shape the future. The governance mechanism is gradually improving, and more information will be announced soon.
At the same time, users can deposit DRIFT in the following Solana ecosystem projects: Drift Protocol deposit (which will be recognized in future governance initiatives and plans), provide liquidity through the Meteora DLMM pool, Kamino's DRIFT-JitoSOL vault, marginfi, SolBlaze multiple liquidity pools, etc.
Earlier news, the DRIFT token airdrop application has been launched and is scheduled to end at 2:00 am on August 17.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
What is altcoin season and why can these 5 coins grow 5x?
Polymarket platform is now unavailable for users in France
Sui Foundation Partners with Asset Manager Franklin Templeton
Cardano Jumps 215% After Major Breakout and Sets Sights on Higher Targets