drift-airdrop-guide
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Drift Protocol is the leading perpetual DEX on Solana, distinguished by its near $200M TVL (total value locked), offering a secure platform for users to trade and earn yields on their crypto assets. Drift supports trading with up to 20x leverage, a conservative figure compared to other platforms, but significantly safer, making it a suitable option even for beginners.

How to Join Drift Airdrop:

  1. .

    Ensure you have a Solana wallet and at least $50 of assets for deposit, plus SOL tokens for transaction fees.

  2. .

    Connect your wallet on Drift’s website and deposit collateral to start trading and earning yield. This step allows you to trade various assets, including USDC and liquid staked SOL tokens.

  3. .

    Use code “Razzaer” for a bonus 5% on points earnings, this will benefit us both.

  4. .

    Start Trading or Earning Yield

    For trading, Drift offers features for spot trading with up to 5x leverage and perpetuals, where you can long or short an asset. While up to 20x leverage is available, it’s advised not to exceed 5x unless you’re experienced. Perpetual trading is favored for its low maintenance and passive nature. Remember to set take profit (TP) and stop-loss orders to manage risks.

  5. .

    Earn yield by lending assets or providing liquidity. Providing liquidity is straightforward: deposit liquidity to lend money to Drift and earn yield. This is considered one of the safest strategies on Drift.

  6. .

    Explore Market Maker Vaults under the ‘Earn’ tab for additional yield opportunities. These vaults utilize market-making strategies managed by Circuit, offering another method to boost yields on the platform.

  7. .

    Withdraw your assets as needed, ensuring any leverage positions are closed first to maintain account health.

  9. Need some help? simply watch the step-by-step video below or join our discord.

Join Airdrop

Drift Protocol not only facilitates leveraged trading but also offers an ecosystem for earning through various strategies, including liquidity provision and market-making. The platform rewards users for their activities, such as trading volume (perpetuals and spot), providing liquidity, and participating in the BAL program. These mechanisms encourage active engagement and contribute to the platform’s liquidity and stability.

Crypto trading and investing are inherently risky, but Drift’s design around safer leverage options and diversified yield-generating strategies offers a relatively secure environment for both beginners and experienced traders. By participating in the platform’s various features, users can optimize their potential returns while mitigating some of the risks associated with crypto trading

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