TOKENS & ASSETS
Airdrop (Token Airdrop)
Definition
An airdrop is the free distribution of tokens to wallet addresses, usually to reward early users, increase adoption, or distribute governance tokens to decentralize control.
Example
Example
Uniswap airdropped 400 UNI tokens to every wallet that had used the protocol before September 2020.
Risks to Consider
Risks
- Regulatory concerns
- Selling pressure
- Sybil attacks