CryptoVentureburnabout 20 hours ago
Crypto Airdrops Explained: How They Work
9 min read
A crypto airdrop distributes free tokens to wallet addresses, often retroactively rewarding users for past activity. Uniswap's 2020 airdrop gave 400 UNI tokens to each qualifying wallet, worth up to $17,000 at peak price. Projects use airdrops as promotional campaigns, executed automatically via smart contracts.
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