📰 Table Of Contents
Airdrops: An Overview
Airdrops have become a popular way for those involved in digital currencies to receive extra tokens, essentially free money, just for being part of a cryptocurrency community. They work by distributing new tokens directly into the wallets of active participants as a reward or promotional boost, without any cost to the recipients.
5 – Marinade
Marinade is a liquid staking protocol on Solana. Users can stake Solana (SOL) tokens to receive MNDE, a protocol governance token pegged to the price of SOL. Users can also receive MNDE for referring friends to the protocol.
4 – Drift Protocol
Drift Protocol’s points program rewards users based on their trading volume. The airdrop is currently unavailable for users in the US and will run for the next two and a half months. Visit the points leaderboard for more information.
3 – Blast
Ethereum layer-2 scaling solution Blast has attracted enormous stakes of ETH and stablecoins in its ongoing presale. Users can earn airdrop points by bridging to Blast and inviting friends. Airdrop points can be redeemed for crypto in May.
2 – Magic Eden (NFT)
Magic Eden launched its rewards program at the end of January, offering rewards on a points basis across multiple chains. The startup is also launching an NFT token, $NFT, which will grant holders proposal-making or voting rights within the Magic Eden protocol.
1 – Tensor
Tensor, a rival to Magic Eden on Solana, is stimulating trading activity with its own rewards program. Users can claim rewards by becoming daily marketplace users, with more points leading to more loot boxes and potential airdrop rewards in the future.
Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.
