Derive ($DRV) is a self-custodial, high-performance crypto buying and selling platform for choices, perpetuals, and spot buying and selling, constructed on an Optimistic rollup secured by Ethereum and ruled by the Derive DAO. Members can how declare their airdrop rewards! Right here is our Derive ($DRV) token airdrop information.
Try our step-by-step information!
What’s Derive ($DRV)?
Derive is a self-custodial, high-performance crypto buying and selling platform for choices, perpetuals, and spot buying and selling. It operates on an Optimistic rollup secured by Ethereum and is ruled by the Derive DAO. Listed below are a few of Derive’s foremost options:
- Derive Chain: A settlement layer for transactions, constructed on the OP Stack and secured by Ethereum.
- Derive Protocol: Permits permissionless, self-custodial margin buying and selling of perpetuals, choices, and spot.
- Derive Trade: An orderbook that effectively matches orders and settles them to the Derive Protocol.
- Cross-Margin: Makes use of all asset balances as collateral throughout all perpetual and choices positions inside a subaccount.
- Cross-Asset Collateral: Helps numerous base property as collateral, enabling methods like promoting a BTC name with WBTC collateral.
- Portfolio Margin: Makes use of a scenario-based mannequin to find out margin necessities primarily based on the utmost potential lack of a whole portfolio.
- DRV Token: Derive’s native utility token, integral to the platform’s ecosystem, earned by way of buying and selling actions, staking, and governance participation.
- Platform Accessibility: Self-custodial platform, that means customers retain management over their personal keys and funds.
- Automated Market Makers (AMMs): Gives liquidity in decentralized change swimming pools, incomes charges from buying and selling actions.
The best way to get the Derive ($DRV) token airdrop
Time wanted: 25 minutes
Here’s a information on how one can get the Derive ($DRV) token airdrop
- Connect with Derive
Go to Derive and join your pockets
- Commerce on Derive
Commerce choices and perpetuals on Derive to earn OP and your DRV allocation. For each $1 in charges (after subtracting the bottom charge), you earn 10k DRV factors. When you rank amongst the highest 25 merchants in any even week, additionally, you will earn 2x the charges.
- Deposit tokens to Derive
Depositing tokens to Derive lets you earn 1 level per US$1 deposited per day.
- Invite buddies
Invite your pals together with your referral code to earn USDC, OP and DRV. For each dealer you refer, each you and the dealer will obtain: 50 OP bonus, 10% of referred charges paid in USDC, 20% of referred charges paid in DRV and 10% of secondary referred charges paid in DRV.
- The best way to declare the Derive ($DRV) token airdrop
Go to https://www.derive.xyz/residence and click on “Claim airdrop” on the highest proper hand nook. Enter your pockets handle and click on “Check”.
- Stake and delegate your airdropped $DRV tokens
You possibly can select to promote your Derive ($DRV) tokens available on the market. Nonetheless, this can imply you’ll not get any future rewards. Alternatively, you may stake or delegate your airdropped ($DRV) tokens to earn $stDRV rewards. To stake your $DRV, go to the staking web page, choose the quantity you want to stake and ensure the transaction.
