The Derive Protocol operates on Derive L2, an Ethereum rollup within the OP Stack governed by a DAO. The protocol consists of three main components: SubAccounts, Managers, and Assets.
After successfully raising $6.3M in angel funding, Derive (formerly Lyra) is now running an airdrop program where users can earn DRV, OP, and USDC by depositing, trading, and referring friends.
Step by Step Guide
Go to the Derive Airdrop Campaign page.
Connect your wallet.
Earn DRV points by trading and depositing collateral.
DRV rewards will be distributed based on your share of DRV points.
Boost your points by inviting friends.
The DRV airdrop is scheduled for Q4 2024, with 15,000 OP tokens also allocated for distribution alongside DRV points.
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