Glossary Term

Airdrop Farming

Airdrop farming is the practice of strategically interacting with blockchain projects to maximize eligibility for multiple airdrop rewards. It involves identifying potential airdrops, meeting participation criteria, and optimizing wallet activity to increase the chances of receiving free tokens.

Beginner

Trading

Crypto Terminology

Airdrop Farming: what is it?

Examples

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An excellent example of airdrop farming success is Drift Protocol, a decentralized exchange on Solana. Early users who traded or provided liquidity were later rewarded with token airdrops, encouraging participation and loyalty.