The DRV Airdrop program has started, and the token generation event is planned for Jan 15, 2025! The program consists of 6 rounds. During each round, you can earn points and unlock levels by trading, depositing, and inviting. Your share of the DRV distributed in a round is determined by your percentage of the total points and the level you unlock. After each round, your points and levels will be recorded and reset.

View your points and levels here.

There are 3 ways to earn points:

1) Trade - Start trading and earn points for every $1 in fees paid. View the the app for the most up to date points rate information.

2) Yield - Deposit tokens into your trading account or into the vaults. View the app for the most up to date points rate information.

For details about the derivatives yield products, please refer to the vaults documentation.

3) Invite - Share your 5-digit code with friends or on social media and earn 20% of their points and 10% of their invitees' points.

Levels

A level-based system has been introduced to reward the most active traders and yield farmers with DRV bonuses and other long-term benefits. The more points you earn during a round, the higher the level you unlock, and the greater the rewards you'll receive.

Bonuses

View the app for bonuses.

The (stk)LYRA snapshot was taken on May 8, 12:00 am UTC, and balances will convert 1:1 to DRV. The DRV token is planned to launch on Jan 15, 2025. It is important to note that the only way to earn DRV is by trading, depositing, and inviting.

Those who staked & locked their LYRA before the snapshot, receive a pro-rata percentage of a separate allocation of the DRV Airdrop based on their Holder Points.

Please note that participants must abide by the Terms of Use or risk exclusion from the DRV Airdrop and exclusion from trading on the Derive protocol. The terms of use include but are not limited to trading from restricted regions and prohibitions of inorganic trading activity (e.g., gaming points).