PANews reported on November 19th that, according to an official Drift announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulating supply cap is 750 million tokens, and tokens will continue to be released according to the original 5-year emission plan. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has exceeded $120 billion, and the launch of Drift v3 is underway.PANews reported on November 19th that, according to an official Drift announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulating supply cap is 750 million tokens, and tokens will continue to be released according to the original 5-year emission plan. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has exceeded $120 billion, and the launch of Drift v3 is underway.
Drift updates token economics: Over half of DRIFT tokens are now in circulation, with a current circulating supply cap of 750 million.
PANews reported on November 19th that, according to an official Drift announcement, since the TGE in May 2024, 55.6% of the total DRIFT supply (approximately 556 million tokens) has entered circulation, and the lock-up period for major investors has ended. The current circulating supply cap is 750 million tokens, and tokens will continue to be released according to the original 5-year emission plan. Community and trading incentives account for 43%, the team and development fund account for 25%, and strategic investors hold 22%. Drift's total trading volume has exceeded $120 billion, and the launch of Drift v3 is underway.
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