Airdrop
Free tokens sent to your wallet, usually as a reward for using a project early or holding certain cryptocurrencies. Like getting free samples for being a loyal customer.
Example
Uniswap giving 400 UNI tokens (worth $1,400+) to everyone who used the platform before September 2020.
Related Terms
Core Concepts
⚠️Risks & Warnings
- •Airdrop farming costs gas fees with no guarantee of reward
- •Many 'airdrop' links are phishing scams
- •Tokens may dump quickly after airdrop
- •Tax obligations on received tokens
🚀Getting Started
- 1Use protocols genuinely before tokens launch
- 2Bridge assets, make swaps, provide liquidity
- 3Follow crypto Twitter for airdrop announcements
- 4Be wary of scam 'airdrop' claims - never share keys