What is an Airdrop?
An airdrop is when a project distributes free tokens to wallet addresses. Criteria typically include past protocol usage, holding certain tokens, or community participation.
Types
- Retroactive: Rewards past users
- Holder: Based on token holdings
- Participation: Requires specific actions
Notable Airdrops
- Uniswap (UNI): $1,200+ per user
- Arbitrum (ARB): Varied by activity
- Optimism (OP): Multiple rounds