A cryptocurrency airdrop distributes tokens to selected wallets at no cost. Teams initiate these events to boost visibility, thank early participants, or encourage the use of new features.
Some airdrops recognize holders of a particular asset at a snapshot block. Others ask participants to follow social channels, complete application forms, or interact with beta products.
A decentralized finance protocol allocates governance tokens to traders who executed transactions on a partner exchange during the previous quarter. The aim is to convert these traders into active users by granting them a direct voice in future governance votes.
Impersonation campaigns attempt to harvest private keys or personal data. Always verify announcements through the project’s official website and authenticated social media profiles before connecting a wallet or submitting information.