Charlie Garcia
The Derive Protocol consists of smart contracts on Derive L2, which is an Ethereum rollup built on the OP Stack and managed by a DAO. It has three primary elements: subaccounts, managers, and assets.
Previously known as Lyra, Derive has successfully secured $6.3 million in its latest angel funding round. They are currently hosting an airdrop initiative where participants can deposit funds, engage in trading, and invite others to earn DRV, OP, and USDC rewards.
- Go to the Derive airdrop webpage.
- Link your wallet.
- Trade and deposit collateral to accumulate DRV points.
- DRV rewards will depend on the amount of DRV points you have earned.
- You can gain additional points by referring friends.
- The DRV airdrop is planned for the fourth quarter of 2024.
- 15,000 OP tokens are reserved for the airdrop in addition to the DRV points.
If you’re looking for early-stage projects that haven’t launched tokens yet but might distribute governance tokens to initial users, explore our compilation of potential retroactive airdrops to seize the next DeFi opportunity!
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Summary
- Official Website: https://www.derive.xyz/
- Token Symbol: DRV
- Whitepaper: Access Whitepaper
- Twitter:
- Telegram Community:
- Discord Channel:
- Blog:
- GitHub Repository: