Root Protocol (NFT3) Airdrop
About Root Protocol (NFT3)
Root Protocol, also known as Drift Protocol, is a decentralized, fully on-chain perpetual swap exchange developed on the Solana blockchain. What sets Drift Protocol apart is its implementation of a Dynamic Automated Market Maker (AMM), an enhancement of the virtual AMM (vAMM) concept. This innovative mechanism introduces repegging and adjustable k functionalities, crucial for recalibrating liquidity in trading pools based on user demand. As part of its expansion, Drift Protocol plans an airdrop distributing 120 million DRIFT tokens to eligible participants. Eligibility extends to users of Drift v1 or v2, participants in the Drift point program, and Drift Keepers with a minimum matched trading volume of $1,000. Eligibility checks are currently available, with the actual claim process expected to go live at a subsequent date. For enthusiasts eyeing other projects poised to launch governance tokens, consider exploring our comprehensive list of potential retroactive airdrops. Stay connected with us via Twitter, Telegram, Facebook, and subscribe to our newsletter for updates on new airdrops.
Why we choose Root Protocol (NFT3)?
Drift Protocol emerges as a promising airdrop opportunity due to its pioneering role in decentralized finance. As the first perpetual swap exchange utilizing a Dynamic AMM on Solana, it stands at the forefront of innovation in on-chain trading. This project boasts substantial community engagement and offers a significant airdrop of 120 million DRIFT tokens, benefiting long-term users and contributors to the platform. Supported by notable backers like Animoca Brands, Ankr, Atesis Capital, CMS Holdings, and Croc Capital, Drift Protocol promises robust growth and ample opportunities for participants in its network.
Root Protocol (NFT3) Airdrop Guide
Airdrop Eligibility
To qualify for the Root Protocol (NFT3) airdrop, participants must meet specific criteria. Eligible users include:
– Users who have interacted with Drift v2 before January 22nd.
– Members who joined the Drift Trader Points program by April 18, 2024.
– Early adopters who used Drift v1.
– Drift Keepers who have conducted at least $1,000 in aggregate trading volume.
How to get Root Protocol (NFT3) Airdrop?
I. About Drift Protocol Airdrop
To participate in the Drift Protocol airdrop and claim your DRIFT tokens, follow these steps to ensure eligibility and maximize your claim.
II. Eligibility Check
1. Visit the Airdrop Page: Navigate to the Drift Protocol airdrop eligibility page.
2. Enter Your Information: Input your Solana wallet address.
3. Check Eligibility: If you meet the criteria, the platform will display the number of tokens you can claim. Note that claims will activate at a designated future date.
III. Token Claim Process
1. Timing and Bonuses: Upon live claim, eligible users will receive a bonus for pacing their claim over a 6-hour period from launch. This bonus incrementally increases the total claimable amount.
By following these instructions, participants can seamlessly navigate their way to securing DRIFT tokens. Keep an eye on updates and announcements from Drift Protocol to stay informed of any changes or additional airdrop opportunities.