Explore the tokenomics of Drift Protocol(DRIFT) and review the project details below.

What is the allocation & supply schedule for Drift Protocol(DRIFT)?

There will be a total of 1 billion DRIFT governance tokens. These tokens will be distributed over 5 years, with a majority (over 50%) being allocated to the community.

Ecosystem Development and Trading Rewards - 43%

This allocation is dedicated to the growth of active users on Drift, through trading rewards, future airdrops, and rewards for providing liquidity. Additionally, the Futarchy DAO will fund tools and resources for developers and initiate public awareness campaigns to broaden Drift's usage.

Launch Airdrop - 10%

10% of all DRIFT governance tokens have been reserved for the initial launch phase. These tokens will be distributed to existing Drift users in recognition of their historical contributions to the development and growth of Drift.

This encompasses long-standing traders, participants in various programs such as BAL or Insurance Fund on the platform, contributions to the protocol through deposits, and active engagement as liquidity providers in trading programs.

Protocol Development - 25%

This allocation is for both current and future contributors dedicated to developing Drift Protocol tooling, products, and infrastructure, thereby expanding the Protocol’s array of decentralized DeFi applications. This allocation includes treasury funds earmarked for protocol development.

To ensure alignment of interests, the core contributor team’s tokens are subject to an 18-month lock-up period, followed by an 18-month vesting period.

Strategic Participants - 22%

Throughout the years of development, Drift has been fortunate to receive the support and guidance of key partners in the space. This allocation represents their contributions which have significantly enhanced the network by advising on and supporting critical infrastructure developments.