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  3. /Airdrop Farming
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cryptocurrency

Airdrop Farming

Strategically using protocols before they launch a token to qualify for free airdrops.

Definition

Strategically using protocols before they launch a token to qualify for free airdrops. Farmers create activity like swapping, bridging, and providing liquidity on testnets and mainnets hoping to meet snapshot criteria. It's become a meta in itself, with some farmers earning six figures from drops like Arbitrum and Jito.

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Related Terms

Airdrop

A marketing strategy where crypto projects distribute free tokens to wallet addresses.

Sybil Attack

Creating multiple fake identities to gain disproportionate influence in a system.

Points Meta

A trend where protocols reward users with points instead of tokens, with the implied promise that points will convert to tokens in a future airdrop.

Address Poisoning

A scam where attackers send tiny transactions from addresses that look similar to ones you've interacted with, hoping you'll accidentally copy the wrong address from your transaction history.

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