How to Farm the Drift Protocol Airdrop on Solana
Summary
Drift Protocol, the largest perpetual swap futures exchange on Solana, just launched a points program. The points program precedes a future airdrop, where Drift will distribute its governance token to community members in an effort to decentralize the protocol.To date, Drift has seen over $5 billion in volume from around 90,000 users, equating to over $120 million in total value locked in the protocol. The company closed a $23.5 million Series A last October, with contributions from Polychain Capital and Solana Labs co-founder Anatoly Yakovenko, among others.Drift points will be distributed to users on a weekly basis, and theyll be giving out 100 million points per week. Theyre based on a users prorated trading volume, as well as other activitiessuch as whether or not they put up liquidity.The program will last for three months, but the Drift team reassured their community that past actions would also be rewarded, and that several snapshots had been made already to reward OG users. That means that if in any given week, my activity accounts for 1% of the total volume on Drift, then I will receive 1% of the points distributed that week.A good rule of thumb when trying to figure out how a protocol will weigh different actions in a points program or airdrop is to think about what the protocols goals are.At its current stage, Drift Protocol appears to be focused on four key metrics: total volume, the number of users, cumulative trades, and the total value locked (TVL).