Drift Protocol has announced that 55.6% of its DRIFT governance token supply is now in circulation following the expiration of all major investor lock-up periods. This development marks a significant milestone in the protocol's tokenomics as it prepares to launch Drift v3, an upgraded version of its perpetual contracts platform aimed at enhancing speed and performance. In addition to the token unlock, the Drift community is actively discussing governance proposals to utilize the protocol's surplus for DRIFT token buybacks. These discussions are part of ongoing efforts to optimize the protocol's financial strategies and enhance token value for stakeholders.