What is an Airdrop?. An airdrop is a distribution of tokens to users, often to reward early adopters or bootstrap a community. Eligibility rules vary by project.
How it works
Snapshots record activity such as balances or interactions. Contracts then allocate tokens to qualifying addresses for claim.
Why it matters
Airdrops decentralize ownership and can stimulate usage, but they also attract opportunists.
Common pitfalls
- Signing phishing transactions during claim periods
- Paying excessive gas to chase low‑value drops
- Not reading vesting or lock‑up terms
Quick example
After providing liquidity, you qualify for a token airdrop and claim to your self‑custodied wallet.
See also
- Governance Token
- Snapshot
- DEX
TL;DR: What is an Airdrop? defined in plain English with practical next steps.
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