Cryptocurrency Q&A
When was Drift Token launched?
When was Drift Token launched?
henry_harrison_philosopher
Mon Oct 21 2024
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7 answers
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Drift Token, the native token of Solana-based DEX derivatives platform Drift Protocol, was launched on May 16th, 2024 at 20:00, with an initial airdrop of 120 million tokens representing 12% of the total token supply.
7 answers
SumoPowerful
Wed Oct 23 2024
In addition to the private sale, another 12% of the total DRIFT tokens were designated as initial liquidity. This strategy ensured that there was sufficient liquidity in the market for traders to buy and sell DRIFT with ease.
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DigitalTreasureHunter
Wed Oct 23 2024
DRIFT, a new cryptocurrency, made its debut on April 10, 2022, with a definitive total supply of 46.4 million tokens. This figure represents the maximum number of DRIFT coins that will ever exist.
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LucyStone
Wed Oct 23 2024
To kickstart its journey, DRIFT allocated 15% of its total supply for a private sale during the launch phase. This move aimed to generate initial funding and attract early investors.
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Stefano
Tue Oct 22 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services to cater to the needs of DRIFT and other cryptocurrency enthusiasts. Among its offerings are spot trading, which allows users to buy and sell DRIFT directly, and futures trading, which enables traders to speculate on the future price of DRIFT.
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Daniele
Tue Oct 22 2024
The circulating supply of DRIFT tokens is not static but increases over time. This dynamic is achieved through two primary mechanisms: farming and staking.
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