What is Airdrop?
Free tokens distributed to wallets, usually to reward past use or to bootstrap a protocol.
Airdrops reward behaviour: using a bridge, holding a token, voting. They also create a supply event the day they unlock, as recipients sell.
Some 'airdrops' are phishing: the page asks you to sign a transaction that drains the wallet instead.
Related terms
- PhishingSecurity
Fake sites and messages that imitate a real service to capture keys or approvals.
- Token approvalSecurity
Permission you grant a contract to move a token of yours, sometimes without a limit.
- Governance tokenTokens
A token that grants voting rights over a protocol's parameters and treasury.