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Drift
@DriftProtocol
Trade perps on Solana with ultimate performance: Deep liquidity, multi-asset collateral and yield on all deposits.
Joined May 2021
467 Following    137K Followers
Clarification: Users are able to redeem at any time after redemption opens; however, early redemption occurs at a discount to the full claim value as users receive a pro-rata share of the current pool. Holders who wait may benefit from a higher recovery price as the pool continues to grow.
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Redemption will open once the pool exceeds $5M. Redemption Price = Recovery Fund Value ÷ Outstanding Recovery Token Supply Users are able to redeem at any time; redeeming early means that a user forfeits their remaining claim. Holders who wait may benefit as the pool grows.
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