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airdrop

What does airdrop mean?

A distribution of free tokens to users' wallets, often to reward early adopters, bootstrap a community, or decentralise ownership. Users 'farm' airdrops by using protocols in hopes of qualifying.

"Everyone who bridged before the snapshot got a fat airdrop."

Origin

Crypto marketing/distribution mechanism; the term evokes dropping tokens from above.

Frequently asked questions

What is an airdrop in crypto?
An airdrop is a free distribution of tokens to users' wallets, often used to reward early adopters, bootstrap a community or spread ownership.
How do you qualify for an airdrop?
You typically need to have used a protocol before a cut-off snapshot — for example bridging funds or trading — which is why people 'farm' airdrops in advance.
What is a snapshot in an airdrop?
A snapshot is the point in time a project records wallet activity or balances to decide who is eligible for the airdrop.
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Slang definitions: FreeDict original editorial.