How do cryptocurrency protocols incentivize and reward early users and contributors? Token airdrop. By distributing protocol tokens, early adopters who help build and drive a network or app typically have a say in decentralized governance and their tokens also have value.
While not all airdrops fill wallets with significant amounts of tokens, users have collectively won millions of dollars in tokens during past airdrops, and sometimes cryptocurrency tokens gain value in the long term.
Recent high-profile airdrops like Blur and Pyth Network may inspire you to look for the next large-scale protocol that will reward users for their participation. But now most projects retroactively Airdrops are made as a reward for past activities. So if you haven’t interacted with these protocols yet, you may already be out of luck.
Take a look at some of the biggest airdrops that have just launched or are about to launch.
Zito
Solana DeFi protocol Jito launched its JTO token airdrop on Thursday, December 7, following last week’s news. Tokens were coming in. coinbase Instant listing of Solana-based tokens The total value of the airdrop as of Thursday and that evening is Achieved $225 million. Since then, the price has only gone up. If you used Jito before the airdrop snapshot, you must Check if you have a wallet You are eligible to claim your JTO shares.
starknet
Solana has seen several large airdrops in the past, but the next airdrop could come from Ethereum. Starknet, a layer 2 scaling network, announced on Friday: We are planning to host a STRK token airdrop 900 million tokens will soon be distributed to early users and contributors. Starknet hasn’t yet revealed eligibility requirements or an exact time frame for the airdrop, but if you’ve ever used an Ethereum scaler, stay tuned.
explosion
blast coming Ethereum Layer 2 scaling network created by the founders of leading NFT marketplace Blur, controversial—Even one of the major sponsors There were public complaints about the release.. But that hasn’t stopped traders from staking huge amounts of ETH. Equivalent to approximately $834 millionI hope to eventually get the airdropped tokens.
Why is there so much interest? Blur has already airdropped hundreds of millions of dollars. BLUR token value to users, Blast is telegraphing a very similar approach, attempting to corner the market with massive incentives for users. Although there is already a lot of demand, Blast clearly laid out How users set themselves up to receive rewards.
Jupiter
Following the launch of Pyth and Jito, Solana will soon receive another notable airdrop, with Jupiter, a popular DeFi aggregation service, likely to be dropped next. Jupiter said this in November: Nearly one million wallets are eligible. For airdrop for use of Solana’s representative decentralized exchange (DEX) We launched the tool last week Allows prospective claimants to know how many JUP tokens are headed their way. It should start soon.
door
If you’ve been on Crypto Twitter in the last few days, you’ve probably seen the buzz about Portal’s upcoming gaming token. It’s not exactly organic. The portal offers incentives to Twitter users. To spread the word Let us know about the upcoming PORTAL airdrop to earn points. It appears that you will be able to obtain tokens in the future through points. There have been many questions about this project, which aims to bridge the gap between different cryptocurrency games with a single cross-chain token. Details are starting to emerge.
death
Saga is a crypto gaming protocol that helps developers build their own blockchains for games, and the company has already started, with a mainnet launch scheduled for January. Talk about airdrop plans. Testnet developers will benefit from the first airdrop, and community members are set to earn tokens in subsequent drops, so there may still be opportunities to participate. However, co-founder and CEO Rebecca Liao said the airdrop requirements will be as follows: Pretty high.”
tensor
Solana’s new leading NFT marketplace has been hinting at airdrops for months and has closely followed the Blur playbook, including incentivizing trading activity with points. These points will likely lead to token shares for traders, which could prove to be very valuable as Solana NFT activity increases.. Tensor’s NFT project, Tensorians, could potentially play a role, which explains why the price has fallen. recent surge.
Edited by Ryan Ozawa.