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Airdrops
Airdrops, within the world of cryptocurrencies, refer to the distribution of free tokens or coins to individuals who hold a specific cryptocurrency or participate in a particular blockchain network. This practice is often employed by companies, protocols, and crypto exchanges to promote their projects, attract new users, and foster community engagement.
Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop
A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the tweet to CoinDesk, describing it as a "leak."
Which Crypto Projects Will Airdrop Next? Prediction Markets Are Placing Bets
Eigenlayer has a 66% chance of sending users free tokens by June 30, the odds on Polymarket signal. Plus: Kalshi lands a big Wall Street account.
The Protocol: Using the Money Printer
If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."
Ethena Labs' ENA Token Goes Live, Starts Trading at 64 Cents
Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply.
The Good, the Bad and the Ugly of Airdrop 'Points'
Projects are running wild with false advertising, promoting black boxes in a world where transparency should be paramount. The issue isn't with rewarding users in itself, but how these "loyalty programs" obfuscate opportunity costs, Solend founder Rooter says.
Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.
Solana DeFi's KMNO Airdrop Sparked Outrage. Kamino Responded With Changes
The Solana DeFi protocol will give extra KMNO to its "longest" users.
Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk.
BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.
